YEARLY HIGH
0.0932 TWD
YEARLY LOW
0.0808 TWD
YEARLY AVERAGE
0.0883 TWD

2023 HUF to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 0.0932. Conversely, the yearly low was recorded on January 3, dropping to 0.0808.

This high-to-low spread represents a total annual volatility of 0.0124 TWD. From a start-to-finish perspective, comparing the January average rate of 0.0830 to the December average rate of 0.0893, the exchange rate registered a net change of 7.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0932 was up 3.49% compared to the 2022 peak of 0.0900, 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 93,171 TWD
2022 Average 80,298 TWD
Yearly Trough Low 80,798 TWD
Transaction Impact: A difference of 12,373.28 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0918
0.0822
JanuMarcMayJulySeptNove

HUF to TWD 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 0.0869, compared to 0.0897 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.0869
H2 Avg (Jul–Dec) 0.0897

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0057 TWD (High: 0.0874 / Low: 0.0817). On the other end, December was the most stable month, with a tight range of 0.0020 TWD (High: 0.0904 / Low: 0.0884).

March Spread (Volatile) ±0.0057
December Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0017 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0909) against the same month in 2022 (average: 0.0756), the exchange rate shifted by +0.0153 (+20.27%).

2023 Avg (July) 0.0909
2022 Avg (July) 0.0756

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0854 0.0808 0.0830
February 0.0860 0.0816 0.0842
March 0.0874 0.0817 0.0850
April 0.0908 0.0866 0.0892
May 0.0910 0.0881 0.0896
June 0.0920 0.0887 0.0902
July 0.0932 0.0885 0.0909
August 0.0916 0.0881 0.0901
September 0.0900 0.0863 0.0884
October 0.0903 0.0868 0.0885
November 0.0929 0.0894 0.0910
December 0.0904 0.0884 0.0893