2023 TWD to HUF Historical Review

YEARLY HIGH

12.3765 HUF

YEARLY LOW

10.7329 HUF

YEARLY AVERAGE

11.3374 HUF

2023 TWD to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TWD to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 12.3765. Conversely, the yearly low was recorded on July 18, dropping to 10.7329.

This high-to-low spread represents a total annual volatility of 1.6436 HUF. From a start-to-finish perspective, comparing the January average rate of 12.0439 to the December average rate of 11.1993, the exchange rate registered a net change of -7.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 12.3765 was down 11.65% compared to the 2022 peak of 14.0081, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 61,883 HUF

2022 Average 62,460 HUF

Yearly Trough Low 53,665 HUF

Transaction Impact: A difference of 8,218.09 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12.1496

10.8813

JanuMarcMayJulySeptNove

TWD 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 11.5259, compared to 11.1489 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3771 points.

H1 Avg (Jan–Jun) 11.5259

H2 Avg (Jul–Dec) 11.1489

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.7971 HUF (High: 12.2346 / Low: 11.4375). On the other end, December was the most stable month, with a tight range of 0.2477 HUF (High: 11.3152 / Low: 11.0675).

March Spread (Volatile) ±0.7971

December Spread (Stable) ±0.2477

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.5632 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.5632

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 12.0439) against the same month in 2022 (average: 11.4695), the exchange rate shifted by +0.5744 (+5.01%).

2023 Avg (January) 12.0439

2022 Avg (January) 11.4695

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.3765	11.7127	12.0439
February	12.2475	11.6242	11.8717
March	12.2346	11.4375	11.7727
April	11.5407	11.0083	11.2095
May	11.3454	10.9900	11.1638
June	11.2762	10.8744	11.0940
July	11.3005	10.7329	10.9996
August	11.3452	10.9163	11.0936
September	11.5913	11.1156	11.3084
October	11.5167	11.0753	11.3055
November	11.1839	10.7659	10.9870
December	11.3152	11.0675	11.1993