YEARLY HIGH
11.1657 HUF
YEARLY LOW
9.5589 HUF
YEARLY AVERAGE
10.1575 HUF

2023 THB to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the THB to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 11.1657. Conversely, the yearly low was recorded on June 28, dropping to 9.5589.

This high-to-low spread represents a total annual volatility of 1.6068 HUF. From a start-to-finish perspective, comparing the January average rate of 11.0236 to the December average rate of 10.0153, the exchange rate registered a net change of -9.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 11.1657 was down 4.98% compared to the 2022 peak of 11.7504, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 THB based on timing:

Yearly Peak High 2,791,422 HUF
2022 Average 2,654,947 HUF
Yearly Trough Low 2,389,731 HUF
Transaction Impact: A difference of 401,691.52 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

11.1454
9.6837
JanuMarcMayJulySeptNove

THB 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 10.3143, compared to 10.0008 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3135 points.

H1 Avg (Jan–Jun) 10.3143
H2 Avg (Jul–Dec) 10.0008

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.9698 HUF (High: 11.0595 / Low: 10.0898). On the other end, May was the most stable month, with a tight range of 0.2148 HUF (High: 10.1458 / Low: 9.9310).

March Spread (Volatile) ±0.9698
May Spread (Stable) ±0.2148

Growth Streaks & Declines

Trends

Between June and September, 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 January and February, when the average rate fell by 0.4720 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.4720

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 11.0236) against the same month in 2022 (average: 9.5456), the exchange rate shifted by +1.4779 (+15.48%).

2023 Avg (January) 11.0236
2022 Avg (January) 9.5456

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.1657 10.7892 11.0236
February 10.9172 10.1476 10.5516
March 11.0595 10.0898 10.4529
April 10.2786 9.8651 10.0232
May 10.1458 9.9310 10.0290
June 9.9703 9.5589 9.8055
July 10.2813 9.6175 9.9090
August 10.3887 9.9162 10.0733
September 10.2149 9.9555 10.1137
October 10.1811 9.8561 10.0030
November 10.0518 9.7269 9.8905
December 10.1524 9.8938 10.0153