2023 WST to HUF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 WST to HUF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the WST to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 140.6938. Conversely, the yearly low was recorded on July 17, dropping to 122.0780.
This high-to-low spread represents a total annual volatility of 18.6158 HUF. From a start-to-finish perspective, comparing the January average rate of 135.6976 to the December average rate of 124.8448, the exchange rate registered a net change of -8.00% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 140.6938 was down 12.11% compared to the 2022 peak of 160.0766, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 WST based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
WST to HUF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 129.8460, compared to 128.6203 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2257 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was March, with a trading range of 10.3586 HUF (High: 138.8483 / Low: 128.4898). On the other end, June was the most stable month, with a tight range of 3.5029 HUF (High: 126.9437 / Low: 123.4408).
Growth Streaks & Declines
TrendsBetween 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 March and April, when the average rate fell by 7.6118 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2023: 135.6976) against the same month in 2022 (average: 121.9288), the exchange rate shifted by +13.7688 (+11.29%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 140.6938 | 131.4000 | 135.6976 |
| February | 136.3591 | 130.4117 | 133.2250 |
| March | 138.8483 | 128.4898 | 133.2938 |
| April | 129.3167 | 124.1205 | 125.6819 |
| May | 127.9137 | 123.5065 | 125.7583 |
| June | 126.9437 | 123.4408 | 125.4197 |
| July | 129.9500 | 122.0780 | 125.9178 |
| August | 132.1092 | 127.7666 | 129.8388 |
| September | 137.4699 | 130.3313 | 133.2178 |
| October | 136.9507 | 127.7768 | 132.7537 |
| November | 129.3806 | 122.4829 | 125.1492 |
| December | 127.1291 | 122.9313 | 124.8448 |