YEARLY HIGH
0.0263 SVC
YEARLY LOW
0.0231 SVC
YEARLY AVERAGE
0.0248 SVC

2023 HUF to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 0.0263. Conversely, the yearly low was recorded on January 3, dropping to 0.0231.

This high-to-low spread represents a total annual volatility of 0.0032 SVC. From a start-to-finish perspective, comparing the January average rate of 0.0239 to the December average rate of 0.0251, the exchange rate registered a net change of 4.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0263 was down 7.23% compared to the 2022 peak of 0.0283, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 26,300 SVC
2022 Average 23,686 SVC
Yearly Trough Low 23,054 SVC
Transaction Impact: A difference of 3,246.05 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0258
0.0237
JanuMarcMayJulySeptNove

HUF to SVC Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0249, compared to 0.0247 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0249
H2 Avg (Jul–Dec) 0.0247

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0020 SVC (High: 0.0251 / Low: 0.0231). On the other end, June was the most stable month, with a tight range of 0.0007 SVC (High: 0.0260 / Low: 0.0253).

March Spread (Volatile) ±0.0020
June Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0007 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0255) against the same month in 2022 (average: 0.0222), the exchange rate shifted by +0.0033 (+15.04%).

2023 Avg (July) 0.0255
2022 Avg (July) 0.0222

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0247 0.0231 0.0239
February 0.0249 0.0238 0.0244
March 0.0251 0.0231 0.0243
April 0.0259 0.0248 0.0255
May 0.0260 0.0251 0.0255
June 0.0260 0.0253 0.0256
July 0.0263 0.0247 0.0255
August 0.0252 0.0244 0.0248
September 0.0247 0.0234 0.0242
October 0.0244 0.0235 0.0240
November 0.0255 0.0241 0.0249
December 0.0254 0.0246 0.0251