YEARLY HIGH
0.6676 HUF
YEARLY LOW
0.5843 HUF
YEARLY AVERAGE
0.6199 HUF

2023 SOS to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SOS to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.6676. Conversely, the yearly low was recorded on July 18, dropping to 0.5843.

This high-to-low spread represents a total annual volatility of 0.0833 HUF. From a start-to-finish perspective, comparing the January average rate of 0.6437 to the December average rate of 0.6114, the exchange rate registered a net change of -5.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6676 was down 14.77% compared to the 2022 peak of 0.7833, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,338 HUF
2022 Average 3,242 HUF
Yearly Trough Low 2,921 HUF
Transaction Impact: A difference of 416.69 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6479
0.5968
JanuMarcMayJulySeptNove

SOS 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 0.6193, compared to 0.6206 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.6193
H2 Avg (Jul–Dec) 0.6206

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0526 HUF (High: 0.6653 / Low: 0.6128). On the other end, June was the most stable month, with a tight range of 0.0163 HUF (High: 0.6077 / Low: 0.5914).

March Spread (Volatile) ±0.0526
June Spread (Stable) ±0.0163

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 0.0303 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0303

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.6437) against the same month in 2022 (average: 0.5452), the exchange rate shifted by +0.0984 (+18.05%).

2023 Avg (January) 0.6437
2022 Avg (January) 0.5452

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6676 0.6231 0.6437
February 0.6471 0.6185 0.6320
March 0.6653 0.6128 0.6333
April 0.6208 0.5945 0.6030
May 0.6134 0.5921 0.6028
June 0.6077 0.5914 0.6011
July 0.6223 0.5843 0.6032
August 0.6306 0.6095 0.6201
September 0.6544 0.6216 0.6352
October 0.6522 0.6263 0.6393
November 0.6346 0.6001 0.6142
December 0.6227 0.6025 0.6114