2023 NAD to HUF Historical Review

YEARLY HIGH

22.3252 HUF

YEARLY LOW

17.4861 HUF

YEARLY AVERAGE

19.1083 HUF

2023 NAD to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NAD to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 22.3252. Conversely, the yearly low was recorded on June 1, dropping to 17.4861.

This high-to-low spread represents a total annual volatility of 4.8391 HUF. From a start-to-finish perspective, comparing the January average rate of 21.4356 to the December average rate of 18.7107, the exchange rate registered a net change of -12.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 22.3252 was down 11.70% compared to the 2022 peak of 25.2841, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 111,626 HUF

2022 Average 114,192 HUF

Yearly Trough Low 87,431 HUF

Transaction Impact: A difference of 24,195.50 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

21.7827

17.6183

JanuMarcMayJulySeptNove

NAD 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 19.3825, compared to 18.8340 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5485 points.

H1 Avg (Jan–Jun) 19.3825

H2 Avg (Jul–Dec) 18.8340

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 2.2363 HUF (High: 21.5739 / Low: 19.3377). On the other end, May was the most stable month, with a tight range of 1.0501 HUF (High: 18.5565 / Low: 17.5063).

February Spread (Volatile) ±2.2363

May Spread (Stable) ±1.0501

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 1.3242 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.3242

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 21.4356) against the same month in 2022 (average: 20.4607), the exchange rate shifted by +0.9749 (+4.76%).

2023 Avg (January) 21.4356

2022 Avg (January) 20.4607

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.3252	20.5841	21.4356
February	21.5739	19.3377	20.1114
March	20.3449	19.1523	19.6780
April	19.8790	18.3772	18.8486
May	18.5565	17.5063	17.9654
June	18.8013	17.4861	18.2561
July	19.7913	18.1438	18.8114
August	19.4218	17.7675	18.7340
September	19.6635	18.5285	19.0879
October	19.5054	17.9417	18.9614
November	19.6616	17.6084	18.6986
December	19.2587	18.0877	18.7107