2023 LRD to HUF Historical Review

YEARLY HIGH

2.4565 HUF

YEARLY LOW

1.8013 HUF

YEARLY AVERAGE

2.0335 HUF

2023 LRD to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 2.4565. Conversely, the yearly low was recorded on July 18, dropping to 1.8013.

This high-to-low spread represents a total annual volatility of 0.6552 HUF. From a start-to-finish perspective, comparing the January average rate of 2.3562 to the December average rate of 1.8571, the exchange rate registered a net change of -21.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.4565 was down 15.25% compared to the 2022 peak of 2.8984, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,282 HUF

2022 Average 12,189 HUF

Yearly Trough Low 9,007 HUF

Transaction Impact: A difference of 3,275.76 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.4061

1.8072

JanuMarcMayJulySeptNove

LRD 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 2.1701, compared to 1.8969 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2731 points.

H1 Avg (Jan–Jun) 2.1701

H2 Avg (Jul–Dec) 1.8969

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.1916 HUF (High: 2.4565 / Low: 2.2649). On the other end, August was the most stable month, with a tight range of 0.0583 HUF (High: 1.9257 / Low: 1.8674).

January Spread (Volatile) ±0.1916

August Spread (Stable) ±0.0583

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 March and April, when the average rate fell by 0.1557 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1557

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 2.3562) against the same month in 2022 (average: 2.1235), the exchange rate shifted by +0.2327 (+10.96%).

2023 Avg (January) 2.3562

2022 Avg (January) 2.1235

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4565	2.2649	2.3562
February	2.3440	2.2379	2.2972
March	2.3278	2.1488	2.2558
April	2.1716	2.0491	2.1001
May	2.0829	2.0217	2.0526
June	2.0412	1.8828	1.9585
July	1.9487	1.8013	1.8676
August	1.9257	1.8674	1.8945
September	2.0022	1.9049	1.9434
October	1.9941	1.9132	1.9529
November	1.9321	1.8237	1.8659
December	1.8919	1.8265	1.8571