YEARLY HIGH
88.9292 HUF
YEARLY LOW
79.0855 HUF
YEARLY AVERAGE
84.1033 HUF

2023 PLN to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PLN to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 88.9292. Conversely, the yearly low was recorded on February 14, dropping to 79.0855.

This high-to-low spread represents a total annual volatility of 9.8437 HUF. From a start-to-finish perspective, comparing the January average rate of 84.4492 to the December average rate of 88.1341, the exchange rate registered a net change of 4.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 88.9292 was down 0.48% compared to the 2022 peak of 89.3542, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 1,778,583 HUF
2022 Average 1,669,166 HUF
Yearly Trough Low 1,581,710 HUF
Transaction Impact: A difference of 196,873.77 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

88.8519
80.2390
JanuMarcMayJulySeptNove

PLN 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 82.2829, compared to 85.9238 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.6408 points.

H1 Avg (Jan–Jun) 82.2829
H2 Avg (Jul–Dec) 85.9238

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 5.3319 HUF (High: 87.4301 / Low: 82.0983). On the other end, December was the most stable month, with a tight range of 1.4372 HUF (High: 88.9292 / Low: 87.4920).

January Spread (Volatile) ±5.3319
December Spread (Stable) ±1.4372

Growth Streaks & Declines

Trends

Between April and August, 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 January and February, when the average rate fell by 3.3758 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -3.3758

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 88.1341) against the same month in 2022 (average: 86.9922), the exchange rate shifted by +1.1419 (+1.31%).

2023 Avg (December) 88.1341
2022 Avg (December) 86.9922

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 87.4301 82.0983 84.4492
February 83.1862 79.0855 81.0734
March 84.6031 79.8991 82.0838
April 82.2861 80.0764 80.9568
May 83.6500 80.9200 82.0240
June 84.0782 82.1342 83.1104
July 87.9355 83.8831 85.3554
August 88.2236 84.9370 86.3706
September 86.2795 82.3570 84.0527
October 87.0735 84.0460 85.4926
November 87.3797 84.8703 86.1372
December 88.9292 87.4920 88.1341