2023 LKR to HUF Historical Review

YEARLY HIGH

1.1902 HUF

YEARLY LOW

0.9640 HUF

YEARLY AVERAGE

1.0765 HUF

2023 LKR to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LKR to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 1.1902. Conversely, the yearly low was recorded on February 14, dropping to 0.9640.

This high-to-low spread represents a total annual volatility of 0.2262 HUF. From a start-to-finish perspective, comparing the January average rate of 1.0009 to the December average rate of 1.0699, the exchange rate registered a net change of 6.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.1902 was down 33.77% compared to the 2022 peak of 1.7970, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,951 HUF

2022 Average 5,930 HUF

Yearly Trough Low 4,820 HUF

Transaction Impact: A difference of 1,131.09 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.1450

0.9698

JanuMarcMayJulySeptNove

LKR 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 1.0606, compared to 1.0925 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0319 points.

H1 Avg (Jan–Jun) 1.0606

H2 Avg (Jul–Dec) 1.0925

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.1405 HUF (High: 1.1180 / Low: 0.9775). On the other end, December was the most stable month, with a tight range of 0.0298 HUF (High: 1.0867 / Low: 1.0569).

March Spread (Volatile) ±0.1405

December Spread (Stable) ±0.0298

Growth Streaks & Declines

Trends

Between July and October, 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 June and July, when the average rate fell by 0.0552 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0552

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 1.1304) against the same month in 2022 (average: 1.0445), the exchange rate shifted by +0.0858 (+8.22%).

2023 Avg (June) 1.1304

2022 Avg (June) 1.0445

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0383	0.9738	1.0009
February	1.0074	0.9640	0.9844
March	1.1180	0.9775	1.0768
April	1.0845	1.0474	1.0640
May	1.1792	1.0543	1.1072
June	1.1902	1.0706	1.1304
July	1.1468	1.0284	1.0752
August	1.1255	1.0795	1.0970
September	1.1527	1.1053	1.1205
October	1.1489	1.0978	1.1231
November	1.1049	1.0415	1.0691
December	1.0867	1.0569	1.0699