YEARLY HIGH
2.8907 HUF
YEARLY LOW
2.2952 HUF
YEARLY AVERAGE
2.5181 HUF

2023 JPY to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the JPY to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 2.8907. Conversely, the yearly low was recorded on November 15, dropping to 2.2952.

This high-to-low spread represents a total annual volatility of 0.5955 HUF. From a start-to-finish perspective, comparing the January average rate of 2.8120 to the December average rate of 2.4334, the exchange rate registered a net change of -13.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.8907 was down 7.95% compared to the 2022 peak of 3.1403, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 1,445,330 HUF
2022 Average 1,416,914 HUF
Yearly Trough Low 1,147,602 HUF
Transaction Impact: A difference of 297,728.40 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.8593
2.2919
JanuMarcMayJulySeptNove

JPY 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 2.6144, compared to 2.4219 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1925 points.

H1 Avg (Jan–Jun) 2.6144
H2 Avg (Jul–Dec) 2.4219

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.2597 HUF (High: 2.8288 / Low: 2.5691). On the other end, May was the most stable month, with a tight range of 0.0758 HUF (High: 2.5321 / Low: 2.4563).

March Spread (Volatile) ±0.2597
May Spread (Stable) ±0.0758

Growth Streaks & Declines

Trends

Between June and September, 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 March and April, when the average rate fell by 0.1281 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1281

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.8120) against the same month in 2022 (average: 2.7616), the exchange rate shifted by +0.0504 (+1.83%).

2023 Avg (January) 2.8120
2022 Avg (January) 2.7616

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8907 2.7421 2.8120
February 2.7905 2.6129 2.6988
March 2.8288 2.5691 2.6932
April 2.6427 2.4824 2.5651
May 2.5321 2.4563 2.4977
June 2.4853 2.3489 2.4193
July 2.5081 2.3665 2.4304
August 2.5183 2.3775 2.4379
September 2.4998 2.4178 2.4500
October 2.4956 2.3887 2.4404
November 2.4058 2.2952 2.3392
December 2.4710 2.3703 2.4334