YEARLY HIGH
0.1046 THB
YEARLY LOW
0.0896 THB
YEARLY AVERAGE
0.0986 THB

2023 HUF to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on June 28, valuing the pair at 0.1046. Conversely, the yearly low was recorded on January 14, dropping to 0.0896.

This high-to-low spread represents a total annual volatility of 0.0151 THB. From a start-to-finish perspective, comparing the January average rate of 0.0907 to the December average rate of 0.0999, the exchange rate registered a net change of 10.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1046 was down 2.92% compared to the 2022 peak of 0.1078, 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 104,614 THB
2022 Average 94,443 THB
Yearly Trough Low 89,560 THB
Transaction Impact: A difference of 15,054.21 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1031
0.0896
JanuMarcMayJulySeptNove

HUF to THB 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 0.0971, compared to 0.1000 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.0971
H2 Avg (Jul–Dec) 0.1000

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0087 THB (High: 0.0991 / Low: 0.0904). On the other end, May was the most stable month, with a tight range of 0.0021 THB (High: 0.1007 / Low: 0.0986).

March Spread (Volatile) ±0.0087
May Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between January and April, 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 0.0017 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.1020) against the same month in 2022 (average: 0.0930), the exchange rate shifted by +0.0090 (+9.67%).

2023 Avg (June) 0.1020
2022 Avg (June) 0.0930

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0927 0.0896 0.0907
February 0.0985 0.0916 0.0948
March 0.0991 0.0904 0.0957
April 0.1014 0.0973 0.0998
May 0.1007 0.0986 0.0997
June 0.1046 0.1003 0.1020
July 0.1040 0.0973 0.1010
August 0.1008 0.0963 0.0993
September 0.1004 0.0979 0.0989
October 0.1015 0.0982 0.1000
November 0.1028 0.0995 0.1011
December 0.1011 0.0985 0.0999