YEARLY HIGH
107.6900 HUF
YEARLY LOW
91.6780 HUF
YEARLY AVERAGE
98.0509 HUF

2023 PGK to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PGK to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 107.6900. Conversely, the yearly low was recorded on November 27, dropping to 91.6780.

This high-to-low spread represents a total annual volatility of 16.0120 HUF. From a start-to-finish perspective, comparing the January average rate of 103.9048 to the December average rate of 93.4480, the exchange rate registered a net change of -10.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 107.6900 was down 14.81% compared to the 2022 peak of 126.4173, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 538,450 HUF
2022 Average 528,410 HUF
Yearly Trough Low 458,390 HUF
Transaction Impact: A difference of 80,060.22 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

104.9547
92.3566
JanuMarcMayJulySeptNove

PGK 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 99.7097, compared to 96.3920 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.3177 points.

H1 Avg (Jan–Jun) 99.7097
H2 Avg (Jul–Dec) 96.3920

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 8.4083 HUF (High: 107.3330 / Low: 98.9247). On the other end, May was the most stable month, with a tight range of 3.2275 HUF (High: 98.7220 / Low: 95.4946).

March Spread (Volatile) ±8.4083
May Spread (Stable) ±3.2275

Growth Streaks & Declines

Trends

Between July and September, 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 October and November, when the average rate fell by 5.0677 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -5.0677

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 103.9048) against the same month in 2022 (average: 90.0192), the exchange rate shifted by +13.8857 (+15.43%).

2023 Avg (January) 103.9048
2022 Avg (January) 90.0192

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 107.6900 100.6408 103.9048
February 104.4299 99.8361 101.8373
March 107.3330 98.9247 102.1314
April 100.1964 95.2722 97.1447
May 98.7220 95.4946 97.0341
June 98.1506 94.5276 96.2060
July 99.6175 92.1375 96.0750
August 99.8977 95.7914 97.5768
September 102.6948 96.7106 99.3720
October 101.5488 96.0648 98.4741
November 97.5458 91.6780 93.4064
December 95.4031 91.8188 93.4480