2023 PEN to HUF Historical Review

YEARLY HIGH

99.8137 HUF

YEARLY LOW

89.4265 HUF

YEARLY AVERAGE

94.3666 HUF

2023 PEN to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PEN to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 99.8137. Conversely, the yearly low was recorded on April 18, dropping to 89.4265.

This high-to-low spread represents a total annual volatility of 10.3872 HUF. From a start-to-finish perspective, comparing the January average rate of 95.7611 to the December average rate of 93.5629, the exchange rate registered a net change of -2.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 99.8137 was down 10.89% compared to the 2022 peak of 112.0121, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 499,069 HUF

2022 Average 485,938 HUF

Yearly Trough Low 447,133 HUF

Transaction Impact: A difference of 51,936.02 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

97.8546

90.5689

JanuMarcMayJulySeptNove

PEN 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 93.7696, compared to 94.9636 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1940 points.

H1 Avg (Jan–Jun) 93.7696

H2 Avg (Jul–Dec) 94.9636

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 8.3639 HUF (High: 99.6201 / Low: 91.2563). On the other end, June was the most stable month, with a tight range of 1.8270 HUF (High: 94.4557 / Low: 92.6286).

January Spread (Volatile) ±8.3639

June Spread (Stable) ±1.8270

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 March and April, when the average rate fell by 4.0499 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -4.0499

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 95.2260) against the same month in 2022 (average: 91.6199), the exchange rate shifted by +3.6061 (+3.94%).

2023 Avg (March) 95.2260

2022 Avg (March) 91.6199

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	99.6201	91.2563	95.7611
February	95.2088	91.3332	93.6483
March	99.8137	92.2149	95.2260
April	93.7791	89.4265	91.1761
May	94.5912	91.0880	93.0494
June	94.4557	92.6286	93.7568
July	97.7602	93.0461	95.3357
August	98.5187	94.1024	95.6187
September	98.5397	95.6428	97.2474
October	98.0477	92.2585	95.0798
November	94.6230	90.2588	92.9370
December	95.0473	91.2863	93.5629