2023 RON to HUF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 RON to HUF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the RON to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 81.4747. Conversely, the yearly low was recorded on June 6, dropping to 74.2900.
This high-to-low spread represents a total annual volatility of 7.1847 HUF. From a start-to-finish perspective, comparing the January average rate of 80.1289 to the December average rate of 76.8020, the exchange rate registered a net change of -4.15% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 81.4747 was down 6.87% compared to the 2022 peak of 87.4862, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RON based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
RON to HUF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 77.1085, compared to 77.2037 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0952 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was March, with a trading range of 4.9378 HUF (High: 80.8112 / Low: 75.8734). On the other end, June was the most stable month, with a tight range of 1.0415 HUF (High: 75.3315 / Low: 74.2900).
Growth Streaks & Declines
TrendsBetween June and August, 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 March and April, when the average rate fell by 2.1138 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 80.1289) against the same month in 2022 (average: 72.6116), the exchange rate shifted by +7.5173 (+10.35%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 81.4747 | 79.0495 | 80.1289 |
| February | 80.5967 | 76.7375 | 78.3497 |
| March | 80.8112 | 75.8734 | 78.1705 |
| April | 76.9853 | 75.2010 | 76.0566 |
| May | 76.1395 | 74.4937 | 75.2345 |
| June | 75.3315 | 74.2900 | 74.7107 |
| July | 78.5266 | 75.1582 | 76.7660 |
| August | 79.4854 | 76.8369 | 77.9120 |
| September | 78.9171 | 77.1446 | 77.8506 |
| October | 78.6176 | 76.8058 | 77.6250 |
| November | 77.1763 | 75.6001 | 76.2664 |
| December | 77.3600 | 76.1504 | 76.8020 |