YEARLY HIGH
0.1110 UAH
YEARLY LOW
0.0968 UAH
YEARLY AVERAGE
0.1043 UAH

2023 HUF to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 0.1110. Conversely, the yearly low was recorded on January 3, dropping to 0.0968.

This high-to-low spread represents a total annual volatility of 0.0142 UAH. From a start-to-finish perspective, comparing the January average rate of 0.1005 to the December average rate of 0.1064, the exchange rate registered a net change of 5.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1110 was up 12.46% compared to the 2022 peak of 0.0987, 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 111,014 UAH
2022 Average 87,557 UAH
Yearly Trough Low 96,833 UAH
Transaction Impact: A difference of 14,181.22 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1088
0.0992
JanuMarcMayJulySeptNove

HUF to UAH 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 0.1048, compared to 0.1039 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.1048
H2 Avg (Jul–Dec) 0.1039

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0083 UAH (High: 0.1059 / Low: 0.0976). On the other end, June was the most stable month, with a tight range of 0.0028 UAH (High: 0.1098 / Low: 0.1069).

March Spread (Volatile) ±0.0083
June Spread (Stable) ±0.0028

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 July and August, when the average rate fell by 0.0028 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.1074) against the same month in 2022 (average: 0.0807), the exchange rate shifted by +0.0267 (+33.05%).

2023 Avg (July) 0.1074
2022 Avg (July) 0.0807

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1037 0.0968 0.1005
February 0.1044 0.0999 0.1024
March 0.1059 0.0976 0.1025
April 0.1091 0.1040 0.1075
May 0.1095 0.1059 0.1077
June 0.1098 0.1069 0.1080
July 0.1110 0.1043 0.1074
August 0.1064 0.1028 0.1046
September 0.1043 0.0989 0.1020
October 0.1022 0.0984 0.1000
November 0.1060 0.1003 0.1031
December 0.1106 0.1037 0.1064