YEARLY HIGH
0.1664 PHP
YEARLY LOW
0.1464 PHP
YEARLY AVERAGE
0.1577 PHP

2023 HUF to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HUF to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 0.1664. Conversely, the yearly low was recorded on March 17, dropping to 0.1464.

This high-to-low spread represents a total annual volatility of 0.0200 PHP. From a start-to-finish perspective, comparing the January average rate of 0.1501 to the December average rate of 0.1588, the exchange rate registered a net change of 5.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1664 was down 0.45% compared to the 2022 peak of 0.1671, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 166,396 PHP
2022 Average 146,920 PHP
Yearly Trough Low 146,435 PHP
Transaction Impact: A difference of 19,961.12 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1646
0.1488
JanuMarcMayJulySeptNove

HUF to PHP 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: JanтАУJun) was 0.1570, compared to 0.1583 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0013 points.

H1 Avg (JanтАУJun) 0.1570
H2 Avg (JulтАУDec) 0.1583

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0124 PHP (High: 0.1664 / Low: 0.1540). On the other end, June was the most stable month, with a tight range of 0.0035 PHP (High: 0.1653 / Low: 0.1618).

April Spread (Volatile) ┬▒0.0124
June Spread (Stable) ┬▒0.0035

Growth Streaks & Declines

Trends

Between March and June, 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 0.0032 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 0.1613) against the same month in 2022 (average: 0.1502), the exchange rate shifted by +0.0112 (+7.44%).

2023 Avg (April) 0.1613
2022 Avg (April) 0.1502

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

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Month High Low Average
January 0.1540 0.1474 0.1501
February 0.1562 0.1491 0.1526
March 0.1568 0.1464 0.1522
April 0.1664 0.1540 0.1613
May 0.1656 0.1601 0.1627
June 0.1653 0.1618 0.1633
July 0.1636 0.1554 0.1601
August 0.1635 0.1546 0.1595
September 0.1603 0.1525 0.1568
October 0.1584 0.1526 0.1556
November 0.1617 0.1565 0.1590
December 0.1615 0.1561 0.1588