2023 NPR to HUF Historical Review

YEARLY HIGH

2.8626 HUF

YEARLY LOW

2.5139 HUF

YEARLY AVERAGE

2.6723 HUF

2023 NPR to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 2.8626. Conversely, the yearly low was recorded on July 13, dropping to 2.5139.

This high-to-low spread represents a total annual volatility of 0.3486 HUF. From a start-to-finish perspective, comparing the January average rate of 2.7959 to the December average rate of 2.6221, the exchange rate registered a net change of -6.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.8626 was down 15.36% compared to the 2022 peak of 3.3821, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,313 HUF

2022 Average 14,800 HUF

Yearly Trough Low 12,570 HUF

Transaction Impact: A difference of 1,743.24 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.8156

2.5798

JanuMarcMayJulySeptNove

NPR 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 2.6779, compared to 2.6667 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0111 points.

H1 Avg (Jan–Jun) 2.6779

H2 Avg (Jul–Dec) 2.6667

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.2116 HUF (High: 2.8626 / Low: 2.6509). On the other end, June was the most stable month, with a tight range of 0.0593 HUF (High: 2.6241 / Low: 2.5648).

March Spread (Volatile) ±0.2116

June Spread (Stable) ±0.0593

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1203 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1203

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 2.7346) against the same month in 2022 (average: 2.8102), the exchange rate shifted by -0.0756 (-2.69%).

2023 Avg (March) 2.7346

2022 Avg (March) 2.8102

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8603	2.7144	2.7959
February	2.7812	2.6579	2.7195
March	2.8626	2.6509	2.7346
April	2.6855	2.5766	2.6142
May	2.6351	2.5629	2.6034
June	2.6241	2.5648	2.5994
July	2.6824	2.5139	2.6117
August	2.7143	2.6229	2.6641
September	2.8041	2.6759	2.7268
October	2.7952	2.6895	2.7433
November	2.7187	2.5737	2.6325
December	2.6661	2.5811	2.6221