YEARLY HIGH
0.7521 YER
YEARLY LOW
0.6595 YER
YEARLY AVERAGE
0.7098 YER

2023 HUF to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 0.7521. Conversely, the yearly low was recorded on January 3, dropping to 0.6595.

This high-to-low spread represents a total annual volatility of 0.0926 YER. From a start-to-finish perspective, comparing the January average rate of 0.6841 to the December average rate of 0.7159, the exchange rate registered a net change of 4.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7521 was down 7.25% compared to the 2022 peak of 0.8109, 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 752,107 YER
2022 Average 677,420 YER
Yearly Trough Low 659,503 YER
Transaction Impact: A difference of 92,604.68 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7372
0.6792
JanuMarcMayJulySeptNove

HUF to YER 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 0.7118, compared to 0.7078 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.7118
H2 Avg (Jul–Dec) 0.7078

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0497 YER (High: 0.7181 / Low: 0.6684). On the other end, June was the most stable month, with a tight range of 0.0204 YER (High: 0.7440 / Low: 0.7236).

March Spread (Volatile) ±0.0497
June Spread (Stable) ±0.0204

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0207 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0207

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.7299) against the same month in 2022 (average: 0.6337), the exchange rate shifted by +0.0962 (+15.18%).

2023 Avg (July) 0.7299
2022 Avg (July) 0.6337

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7064 0.6595 0.6841
February 0.7115 0.6807 0.6966
March 0.7181 0.6684 0.6962
April 0.7400 0.7103 0.7309
May 0.7436 0.7180 0.7304
June 0.7440 0.7236 0.7324
July 0.7521 0.7068 0.7299
August 0.7205 0.6969 0.7092
September 0.7062 0.6699 0.6914
October 0.6997 0.6726 0.6860
November 0.7299 0.6909 0.7145
December 0.7272 0.7032 0.7159