YEARLY HIGH
0.0525 HUF
YEARLY LOW
0.0457 HUF
YEARLY AVERAGE
0.0484 HUF

2023 PYG to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PYG to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0525. Conversely, the yearly low was recorded on July 17, dropping to 0.0457.

This high-to-low spread represents a total annual volatility of 0.0067 HUF. From a start-to-finish perspective, comparing the January average rate of 0.0496 to the December average rate of 0.0475, the exchange rate registered a net change of -4.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0525 was down 16.14% compared to the 2022 peak of 0.0626, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 262 HUF
2022 Average 267 HUF
Yearly Trough Low 229 HUF
Transaction Impact: A difference of 33.55 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0503
0.0468
JanuMarcMayJulySeptNove

PYG 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 0.0486, compared to 0.0483 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0486
H2 Avg (Jul–Dec) 0.0483

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0044 HUF (High: 0.0525 / Low: 0.0481). On the other end, May was the most stable month, with a tight range of 0.0015 HUF (High: 0.0483 / Low: 0.0468).

March Spread (Volatile) ±0.0044
May Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0024 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0500) against the same month in 2022 (average: 0.0492), the exchange rate shifted by +0.0009 (+1.79%).

2023 Avg (March) 0.0500
2022 Avg (March) 0.0492

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0518 0.0480 0.0496
February 0.0502 0.0482 0.0492
March 0.0525 0.0481 0.0500
April 0.0494 0.0466 0.0479
May 0.0483 0.0468 0.0476
June 0.0479 0.0463 0.0471
July 0.0487 0.0457 0.0472
August 0.0494 0.0477 0.0485
September 0.0512 0.0487 0.0498
October 0.0511 0.0482 0.0495
November 0.0486 0.0461 0.0471
December 0.0484 0.0468 0.0475