YEARLY HIGH
0.2487 HUF
YEARLY LOW
0.0220 HUF
YEARLY AVERAGE
0.0447 HUF

2023 LBP to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LBP to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.2487. Conversely, the yearly low was recorded on July 18, dropping to 0.0220.

This high-to-low spread represents a total annual volatility of 0.2267 HUF. From a start-to-finish perspective, comparing the January average rate of 0.2415 to the December average rate of 0.0232, the exchange rate registered a net change of -90.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2487 was down 15.27% compared to the 2022 peak of 0.2935, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,243 HUF
2022 Average 1,230 HUF
Yearly Trough Low 110 HUF
Transaction Impact: A difference of 1,133.27 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2634
0.0007
JanuMarcMayJulySeptNove

LBP 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 0.0658, compared to 0.0235 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0423 points.

H1 Avg (Jan–Jun) 0.0658
H2 Avg (Jul–Dec) 0.0235

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.2152 HUF (High: 0.2384 / Low: 0.0232). On the other end, August was the most stable month, with a tight range of 0.0006 HUF (High: 0.0237 / Low: 0.0231).

February Spread (Volatile) ±0.2152
August Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.1798 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1798

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2415) against the same month in 2022 (average: 0.2098), the exchange rate shifted by +0.0317 (+15.09%).

2023 Avg (January) 0.2415
2022 Avg (January) 0.2098

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2487 0.2337 0.2415
February 0.2384 0.0232 0.0617
March 0.0252 0.0231 0.0239
April 0.0234 0.0223 0.0227
May 0.0232 0.0221 0.0227
June 0.0230 0.0222 0.0226
July 0.0234 0.0220 0.0228
August 0.0237 0.0231 0.0234
September 0.0249 0.0236 0.0241
October 0.0248 0.0238 0.0243
November 0.0241 0.0228 0.0234
December 0.0237 0.0229 0.0232