YEARLY HIGH
0.0071 TOP
YEARLY LOW
0.0062 TOP
YEARLY AVERAGE
0.0067 TOP

2023 HUF to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 0.0071. Conversely, the yearly low was recorded on January 3, dropping to 0.0062.

This high-to-low spread represents a total annual volatility of 0.0009 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0064 to the December average rate of 0.0067, the exchange rate registered a net change of 5.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0071 was down 4.36% compared to the 2022 peak of 0.0074, 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 7,065 TOP
2022 Average 6,297 TOP
Yearly Trough Low 6,175 TOP
Transaction Impact: A difference of 890.64 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0070
0.0063
JanuMarcMayJulySeptNove

HUF to TOP 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 0.0067, compared to 0.0067 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0067
H2 Avg (Jul–Dec) 0.0067

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0005 TOP (High: 0.0068 / Low: 0.0063). On the other end, June was the most stable month, with a tight range of 0.0002 TOP (High: 0.0070 / Low: 0.0068).

March Spread (Volatile) ±0.0005
June Spread (Stable) ±0.0002

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 0.0001 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0068) against the same month in 2022 (average: 0.0060), the exchange rate shifted by +0.0009 (+15.01%).

2023 Avg (July) 0.0068
2022 Avg (July) 0.0060

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0065 0.0062 0.0064
February 0.0066 0.0063 0.0065
March 0.0068 0.0063 0.0066
April 0.0070 0.0067 0.0069
May 0.0070 0.0068 0.0069
June 0.0070 0.0068 0.0069
July 0.0071 0.0066 0.0068
August 0.0069 0.0066 0.0067
September 0.0067 0.0064 0.0066
October 0.0067 0.0064 0.0066
November 0.0069 0.0066 0.0068
December 0.0068 0.0066 0.0067