YEARLY HIGH
37.2093 HUF
YEARLY LOW
30.4109 HUF
YEARLY AVERAGE
32.7015 HUF

2023 TJS to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TJS to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 37.2093. Conversely, the yearly low was recorded on July 18, dropping to 30.4109.

This high-to-low spread represents a total annual volatility of 6.7984 HUF. From a start-to-finish perspective, comparing the January average rate of 35.7774 to the December average rate of 31.9555, the exchange rate registered a net change of -10.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 37.2093 was down 15.27% compared to the 2022 peak of 43.9159, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 186,046 HUF
2022 Average 172,272 HUF
Yearly Trough Low 152,054 HUF
Transaction Impact: A difference of 33,991.94 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

36.2252
30.8509
JanuMarcMayJulySeptNove

TJS 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 33.0990, compared to 32.3040 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7951 points.

H1 Avg (Jan–Jun) 33.0990
H2 Avg (Jul–Dec) 32.3040

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 4.2266 HUF (High: 36.1486 / Low: 31.9220). On the other end, June was the most stable month, with a tight range of 0.8214 HUF (High: 31.6337 / Low: 30.8123).

March Spread (Volatile) ±4.2266
June Spread (Stable) ±0.8214

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 2.7164 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -2.7164

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 35.7774) against the same month in 2022 (average: 28.0852), the exchange rate shifted by +7.6921 (+27.39%).

2023 Avg (January) 35.7774
2022 Avg (January) 28.0852

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 37.2093 34.5109 35.7774
February 35.9950 33.3556 34.5998
March 36.1486 31.9220 34.1214
April 32.3310 30.9510 31.4050
May 31.9366 30.8030 31.3919
June 31.6337 30.8123 31.2988
July 32.3547 30.4109 31.3985
August 32.7687 31.5985 32.1612
September 33.9844 32.2320 32.9786
October 33.8792 32.5959 33.2757
November 33.0874 31.4419 32.0543
December 32.5233 31.5377 31.9555