2023 HUF to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 HUF to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the HUF to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 71.1067. Conversely, the yearly low was recorded on January 3, dropping to 62.0111.
This high-to-low spread represents a total annual volatility of 9.0957 VND. From a start-to-finish perspective, comparing the January average rate of 64.1323 to the December average rate of 69.4752, the exchange rate registered a net change of 8.33% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 71.1067 was down 3.33% compared to the 2022 peak of 73.5540, indicating shifts in long-term support levels.
Comparing the value generated converting 1,000,000 HUF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
HUF to VND Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 66.8949, compared to 68.2534 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3585 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was March, with a trading range of 4.8557 VND (High: 67.8020 / Low: 62.9463). On the other end, June was the most stable month, with a tight range of 2.0080 VND (High: 69.8790 / Low: 67.8710).
Growth Streaks & Declines
TrendsBetween September and December, 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 1.3593 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2023: 68.9878) against the same month in 2022 (average: 59.2079), the exchange rate shifted by +9.7799 (+16.52%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 66.1557 | 62.0111 | 64.1323 |
| February | 67.1134 | 63.8395 | 65.8069 |
| March | 67.8020 | 62.9463 | 65.6487 |
| April | 69.4969 | 66.5787 | 68.5226 |
| May | 69.7271 | 67.3063 | 68.4704 |
| June | 69.8790 | 67.8710 | 68.7885 |
| July | 71.1067 | 66.9693 | 68.9878 |
| August | 69.4675 | 66.1544 | 67.6285 |
| September | 67.9775 | 65.2888 | 66.8963 |
| October | 68.7590 | 65.5203 | 67.0903 |
| November | 70.6789 | 67.8816 | 69.4420 |
| December | 70.7642 | 68.1454 | 69.4752 |