YEARLY HIGH
0.0329 TJS
YEARLY LOW
0.0269 TJS
YEARLY AVERAGE
0.0306 TJS

2023 HUF to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 0.0329. Conversely, the yearly low was recorded on January 3, dropping to 0.0269.

This high-to-low spread represents a total annual volatility of 0.0060 TJS. From a start-to-finish perspective, comparing the January average rate of 0.0280 to the December average rate of 0.0313, the exchange rate registered a net change of 11.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0329 was down 16.57% compared to the 2022 peak of 0.0394, 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 32,883 TJS
2022 Average 29,871 TJS
Yearly Trough Low 26,875 TJS
Transaction Impact: A difference of 6,007.94 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0324
0.0276
JanuMarcMayJulySeptNove

HUF to TJS 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 0.0303, compared to 0.0310 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0303
H2 Avg (Jul–Dec) 0.0310

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0037 TJS (High: 0.0313 / Low: 0.0277). On the other end, June was the most stable month, with a tight range of 0.0008 TJS (High: 0.0325 / Low: 0.0316).

March Spread (Volatile) ±0.0037
June Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0008 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0319) against the same month in 2022 (average: 0.0258), the exchange rate shifted by +0.0060 (+23.39%).

2023 Avg (July) 0.0319
2022 Avg (July) 0.0258

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0290 0.0269 0.0280
February 0.0300 0.0278 0.0289
March 0.0313 0.0277 0.0294
April 0.0323 0.0309 0.0318
May 0.0325 0.0313 0.0319
June 0.0325 0.0316 0.0320
July 0.0329 0.0309 0.0319
August 0.0316 0.0305 0.0311
September 0.0310 0.0294 0.0303
October 0.0307 0.0295 0.0301
November 0.0318 0.0302 0.0312
December 0.0317 0.0307 0.0313