2023 ETB to HUF Historical Review

YEARLY HIGH

7.0781 HUF

YEARLY LOW

6.0465 HUF

YEARLY AVERAGE

6.4497 HUF

2023 ETB to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ETB to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 7.0781. Conversely, the yearly low was recorded on July 17, dropping to 6.0465.

This high-to-low spread represents a total annual volatility of 1.0316 HUF. From a start-to-finish perspective, comparing the January average rate of 6.8246 to the December average rate of 6.2248, the exchange rate registered a net change of -8.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 7.0781 was down 16.04% compared to the 2022 peak of 8.4307, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 35,390 HUF

2022 Average 35,838 HUF

Yearly Trough Low 30,233 HUF

Transaction Impact: A difference of 5,157.87 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6.8846

6.1648

JanuMarcMayJulySeptNove

ETB 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 6.5163, compared to 6.3830 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1333 points.

H1 Avg (Jan–Jun) 6.5163

H2 Avg (Jul–Dec) 6.3830

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.5583 HUF (High: 7.0254 / Low: 6.4671). On the other end, June was the most stable month, with a tight range of 0.2133 HUF (High: 6.3556 / Low: 6.1423).

March Spread (Volatile) ±0.5583

June Spread (Stable) ±0.2133

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 0.3688 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3688

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 6.8246) against the same month in 2022 (average: 6.3956), the exchange rate shifted by +0.4290 (+6.71%).

2023 Avg (January) 6.8246

2022 Avg (January) 6.3956

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	7.0781	6.6117	6.8246
February	6.8613	6.5522	6.6913
March	7.0254	6.4671	6.6920
April	6.5475	6.2263	6.3232
May	6.4067	6.1838	6.3038
June	6.3556	6.1423	6.2630
July	6.4555	6.0465	6.2575
August	6.5560	6.2838	6.4082
September	6.7549	6.4061	6.5584
October	6.7021	6.4271	6.5630
November	6.5061	6.1617	6.2860
December	6.3531	6.1199	6.2248

2023 ETB నుండి HUF చారిత్రక సమీక్ష