YEARLY HIGH
0.0215 HUF
YEARLY LOW
0.0164 HUF
YEARLY AVERAGE
0.0186 HUF

2023 SLL to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SLL to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0215. Conversely, the yearly low was recorded on November 28, dropping to 0.0164.

This high-to-low spread represents a total annual volatility of 0.0051 HUF. From a start-to-finish perspective, comparing the January average rate of 0.0207 to the December average rate of 0.0167, the exchange rate registered a net change of -19.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0215 was down 32.94% compared to the 2022 peak of 0.0320, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 107 HUF
2022 Average 137 HUF
Yearly Trough Low 82 HUF
Transaction Impact: A difference of 25.65 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0211
0.0163
JanuMarcMayJulySeptNove

SLL 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 0.0199, compared to 0.0173 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.0199
H2 Avg (Jul–Dec) 0.0173

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0034 HUF (High: 0.0200 / Low: 0.0166). On the other end, June was the most stable month, with a tight range of 0.0005 HUF (High: 0.0196 / Low: 0.0190).

July Spread (Volatile) ±0.0034
June Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between August and October, 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 July and August, when the average rate fell by 0.0022 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0207) against the same month in 2022 (average: 0.0279), the exchange rate shifted by -0.0072 (-25.85%).

2023 Avg (January) 0.0207
2022 Avg (January) 0.0279

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0215 0.0201 0.0207
February 0.0208 0.0199 0.0203
March 0.0212 0.0197 0.0204
April 0.0200 0.0192 0.0194
May 0.0197 0.0191 0.0194
June 0.0196 0.0190 0.0194
July 0.0200 0.0166 0.0190
August 0.0171 0.0166 0.0168
September 0.0178 0.0169 0.0173
October 0.0178 0.0171 0.0174
November 0.0173 0.0164 0.0167
December 0.0170 0.0164 0.0167