YEARLY HIGH
100.9484 HUF
YEARLY LOW
88.6828 HUF
YEARLY AVERAGE
94.0797 HUF

2023 SAR to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SAR to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 100.9484. Conversely, the yearly low was recorded on July 17, dropping to 88.6828.

This high-to-low spread represents a total annual volatility of 12.2656 HUF. From a start-to-finish perspective, comparing the January average rate of 97.4508 to the December average rate of 93.1924, the exchange rate registered a net change of -4.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 100.9484 was down 14.82% compared to the 2022 peak of 118.5097, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 504,742 HUF
2022 Average 496,348 HUF
Yearly Trough Low 443,414 HUF
Transaction Impact: A difference of 61,327.93 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

98.0814
90.5138
JanuMarcMayJulySeptNove

SAR 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 93.8158, compared to 94.3435 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5278 points.

H1 Avg (Jan–Jun) 93.8158
H2 Avg (Jul–Dec) 94.3435

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 6.8633 HUF (High: 99.7482 / Low: 92.8848). On the other end, June was the most stable month, with a tight range of 2.5580 HUF (High: 92.2409 / Low: 89.6829).

March Spread (Volatile) ±6.8633
June Spread (Stable) ±2.5580

Growth Streaks & Declines

Trends

Between June and October, 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 March and April, when the average rate fell by 4.4733 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -4.4733

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 97.4508) against the same month in 2022 (average: 84.5142), the exchange rate shifted by +12.9366 (+15.31%).

2023 Avg (January) 97.4508
2022 Avg (January) 84.5142

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 100.9484 94.4154 97.4508
February 98.0557 93.7627 95.7959
March 99.7482 92.8848 95.7921
April 93.9101 90.1933 91.3188
May 92.9620 89.7591 91.3926
June 92.2409 89.6829 91.1444
July 94.4650 88.6828 91.4673
August 95.7334 92.5901 94.0966
September 99.6378 94.4667 96.5589
October 99.2644 95.3759 97.3030
November 96.5675 91.4379 93.4431
December 94.9101 91.7927 93.1924