2023 MXN to HUF Historical Review

YEARLY HIGH

21.2757 HUF

YEARLY LOW

18.6474 HUF

YEARLY AVERAGE

19.9160 HUF

2023 MXN to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MXN to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 21.2757. Conversely, the yearly low was recorded on April 26, dropping to 18.6474.

This high-to-low spread represents a total annual volatility of 2.6283 HUF. From a start-to-finish perspective, comparing the January average rate of 19.3015 to the December average rate of 20.3636, the exchange rate registered a net change of 5.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 21.2757 was down 4.50% compared to the 2022 peak of 22.2788, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 1,063,784 HUF

2022 Average 928,002 HUF

Yearly Trough Low 932,369 HUF

Transaction Impact: A difference of 131,414.79 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

21.1353

18.7613

JanuMarcMayJulySeptNove

MXN 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 19.3811, compared to 20.4509 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0698 points.

H1 Avg (Jan–Jun) 19.3811

H2 Avg (Jul–Dec) 20.4509

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 1.4694 HUF (High: 21.1849 / Low: 19.7155). On the other end, June was the most stable month, with a tight range of 0.4034 HUF (High: 20.0239 / Low: 19.6205).

October Spread (Volatile) ±1.4694

June Spread (Stable) ±0.4034

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.7565 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.7565

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 20.9375) against the same month in 2022 (average: 20.3575), the exchange rate shifted by +0.5800 (+2.85%).

2023 Avg (September) 20.9375

2022 Avg (September) 20.3575

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.7118	18.8595	19.3015
February	19.6035	18.9358	19.3271
March	19.9587	19.0616	19.5413
April	19.5310	18.6474	18.9591
May	19.7166	18.8671	19.3353
June	20.0239	19.6205	19.8223
July	21.0247	19.7538	20.2763
August	21.1268	20.5469	20.7802
September	21.2757	20.4768	20.9375
October	21.1849	19.7155	20.1809
November	20.5135	19.9167	20.1672
December	20.5120	20.0721	20.3636