2023 IQD to HUF Historical Review

YEARLY HIGH

0.2851 HUF

YEARLY LOW

0.2316 HUF

YEARLY AVERAGE

0.2602 HUF

2023 IQD to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the IQD to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.2851. Conversely, the yearly low was recorded on April 13, dropping to 0.2316.

This high-to-low spread represents a total annual volatility of 0.0536 HUF. From a start-to-finish perspective, comparing the January average rate of 0.2508 to the December average rate of 0.2667, the exchange rate registered a net change of 6.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2851 was down 6.51% compared to the 2022 peak of 0.3050, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 IQD based on timing:

Yearly Peak High 1,426 HUF

2022 Average 1,277 HUF

Yearly Trough Low 1,158 HUF

Transaction Impact: A difference of 267.88 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2830

0.2320

JanuMarcMayJulySeptNove

IQD to HUF 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 0.2502, compared to 0.2703 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0201 points.

H1 Avg (Jan–Jun) 0.2502

H2 Avg (Jul–Dec) 0.2703

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0335 HUF (High: 0.2662 / Low: 0.2327). On the other end, June was the most stable month, with a tight range of 0.0069 HUF (High: 0.2637 / Low: 0.2568).

May Spread (Volatile) ±0.0335

June Spread (Stable) ±0.0069

Growth Streaks & Declines

Trends

Between April and October, 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 October and November, when the average rate fell by 0.0108 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0108

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.2766) against the same month in 2022 (average: 0.2799), the exchange rate shifted by -0.0033 (-1.18%).

2023 Avg (September) 0.2766

2022 Avg (September) 0.2799

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2600	0.2428	0.2508
February	0.2520	0.2410	0.2462
March	0.2592	0.2386	0.2468
April	0.2623	0.2316	0.2362
May	0.2662	0.2327	0.2600
June	0.2637	0.2568	0.2610
July	0.2703	0.2540	0.2622
August	0.2742	0.2650	0.2695
September	0.2851	0.2704	0.2766
October	0.2842	0.2732	0.2788
November	0.2766	0.2620	0.2680
December	0.2716	0.2628	0.2667