YEARLY HIGH
0.0168 HUF
YEARLY LOW
0.0146 HUF
YEARLY AVERAGE
0.0156 HUF

2023 STD to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the STD to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.0168. Conversely, the yearly low was recorded on July 17, dropping to 0.0146.

This high-to-low spread represents a total annual volatility of 0.0022 HUF. From a start-to-finish perspective, comparing the January average rate of 0.0160 to the December average rate of 0.0157, the exchange rate registered a net change of -2.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0168 was down 14.32% compared to the 2022 peak of 0.0196, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 84 HUF
2022 Average 84 HUF
Yearly Trough Low 73 HUF
Transaction Impact: A difference of 10.97 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0165
0.0148
JanuMarcMayJulySeptNove

STD 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 0.0154, compared to 0.0158 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0154
H2 Avg (Jul–Dec) 0.0158

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0012 HUF (High: 0.0158 / Low: 0.0146). On the other end, June was the most stable month, with a tight range of 0.0004 HUF (High: 0.0152 / Low: 0.0147).

July Spread (Volatile) ±0.0012
June Spread (Stable) ±0.0004

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 0.0008 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 0.0163) against the same month in 2022 (average: 0.0181), the exchange rate shifted by -0.0019 (-10.40%).

2023 Avg (September) 0.0163
2022 Avg (September) 0.0181

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0166 0.0155 0.0160
February 0.0161 0.0154 0.0157
March 0.0164 0.0153 0.0158
April 0.0154 0.0148 0.0150
May 0.0153 0.0147 0.0150
June 0.0152 0.0147 0.0150
July 0.0158 0.0146 0.0151
August 0.0161 0.0156 0.0158
September 0.0168 0.0159 0.0163
October 0.0167 0.0161 0.0164
November 0.0163 0.0154 0.0157
December 0.0160 0.0154 0.0157