YEARLY HIGH
12.0083 HUF
YEARLY LOW
8.7023 HUF
YEARLY AVERAGE
9.6907 HUF

2023 SRD to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 12.0083. Conversely, the yearly low was recorded on July 18, dropping to 8.7023.

This high-to-low spread represents a total annual volatility of 3.3060 HUF. From a start-to-finish perspective, comparing the January average rate of 11.5070 to the December average rate of 9.3560, the exchange rate registered a net change of -18.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 12.0083 was down 34.01% compared to the 2022 peak of 18.1964, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 60,042 HUF
2022 Average 77,993 HUF
Yearly Trough Low 43,512 HUF
Transaction Impact: A difference of 16,529.95 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11.7547
8.7832
JanuMarcMayJulySeptNove

SRD 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 10.0719, compared to 9.3095 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7623 points.

H1 Avg (Jan–Jun) 10.0719
H2 Avg (Jul–Dec) 9.3095

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 1.1569 HUF (High: 10.8584 / Low: 9.7015). On the other end, December was the most stable month, with a tight range of 0.2965 HUF (High: 9.4965 / Low: 9.2000).

March Spread (Volatile) ±1.1569
December Spread (Stable) ±0.2965

Growth Streaks & Declines

Trends

Between July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.0865 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.0865

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 11.5070) against the same month in 2022 (average: 14.9930), the exchange rate shifted by -3.4859 (-23.25%).

2023 Avg (January) 11.5070
2022 Avg (January) 14.9930

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.0083 10.9785 11.5070
February 11.3855 10.5091 10.9576
March 10.8584 9.7015 10.4032
April 9.7639 9.0762 9.3167
May 9.3345 8.8876 9.1790
June 9.2697 8.7991 9.0677
July 9.3742 8.7023 9.0308
August 9.3612 9.0634 9.2224
September 9.7793 9.1797 9.4559
October 9.7503 9.4051 9.5668
November 9.5002 9.0464 9.2253
December 9.4965 9.2000 9.3560