YEARLY HIGH
0.0082 WST
YEARLY LOW
0.0071 WST
YEARLY AVERAGE
0.0077 WST

2023 HUF to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.0082. Conversely, the yearly low was recorded on January 3, dropping to 0.0071.

This high-to-low spread represents a total annual volatility of 0.0011 WST. From a start-to-finish perspective, comparing the January average rate of 0.0074 to the December average rate of 0.0080, the exchange rate registered a net change of 8.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0082 was down 3.42% compared to the 2022 peak of 0.0085, 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 8,191 WST
2022 Average 7,227 WST
Yearly Trough Low 7,108 WST
Transaction Impact: A difference of 1,083.85 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0081
0.0073
JanuMarcMayJulySeptNove

HUF to WST 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 0.0077, compared to 0.0078 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0077
H2 Avg (Jul–Dec) 0.0078

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0006 WST (High: 0.0078 / Low: 0.0072). On the other end, June was the most stable month, with a tight range of 0.0002 WST (High: 0.0081 / Low: 0.0079).

March Spread (Volatile) ±0.0006
June Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between 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 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0079) against the same month in 2022 (average: 0.0069), the exchange rate shifted by +0.0011 (+15.91%).

2023 Avg (July) 0.0079
2022 Avg (July) 0.0069

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0076 0.0071 0.0074
February 0.0077 0.0073 0.0075
March 0.0078 0.0072 0.0075
April 0.0081 0.0077 0.0080
May 0.0081 0.0078 0.0080
June 0.0081 0.0079 0.0080
July 0.0082 0.0077 0.0079
August 0.0078 0.0076 0.0077
September 0.0077 0.0073 0.0075
October 0.0078 0.0073 0.0075
November 0.0082 0.0077 0.0080
December 0.0081 0.0079 0.0080