YEARLY HIGH
45.9209 HUF
YEARLY LOW
39.7578 HUF
YEARLY AVERAGE
42.2982 HUF

2023 SBD to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SBD to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 45.9209. Conversely, the yearly low was recorded on July 17, dropping to 39.7578.

This high-to-low spread represents a total annual volatility of 6.1631 HUF. From a start-to-finish perspective, comparing the January average rate of 44.2909 to the December average rate of 41.3319, the exchange rate registered a net change of -6.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 45.9209 was down 15.96% compared to the 2022 peak of 54.6423, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 229,605 HUF
2022 Average 228,916 HUF
Yearly Trough Low 198,789 HUF
Transaction Impact: A difference of 30,815.71 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

44.6191
40.6802
JanuMarcMayJulySeptNove

SBD 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 42.5217, compared to 42.0748 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4468 points.

H1 Avg (Jan–Jun) 42.5217
H2 Avg (Jul–Dec) 42.0748

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 3.2155 HUF (High: 45.5635 / Low: 42.3480). On the other end, June was the most stable month, with a tight range of 1.0608 HUF (High: 41.4803 / Low: 40.4195).

March Spread (Volatile) ±3.2155
June Spread (Stable) ±1.0608

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 2.3981 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -2.3981

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 44.2909) against the same month in 2022 (average: 39.2753), the exchange rate shifted by +5.0156 (+12.77%).

2023 Avg (January) 44.2909
2022 Avg (January) 39.2753

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 45.9209 42.9764 44.2909
February 44.6890 42.8434 43.6486
March 45.5635 42.3480 43.7082
April 42.8138 40.6186 41.3101
May 41.8314 40.3914 41.1637
June 41.4803 40.4195 41.0084
July 42.1953 39.7578 41.0104
August 42.9500 41.4998 42.1770
September 44.6515 42.3328 43.1151
October 44.2058 42.5685 43.2775
November 43.0303 40.4655 41.5370
December 42.1035 40.7419 41.3319