YEARLY HIGH
0.4353 HUF
YEARLY LOW
0.3652 HUF
YEARLY AVERAGE
0.4008 HUF

2024 ARS to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ARS to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 29, valuing the pair at 0.4353. Conversely, the yearly low was recorded on September 24, dropping to 0.3652.

This high-to-low spread represents a total annual volatility of 0.0701 HUF. From a start-to-finish perspective, comparing the January average rate of 0.4283 to the December average rate of 0.3858, the exchange rate registered a net change of -9.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4353 was down 79.54% compared to the 2023 peak of 2.1279, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,176 HUF
2023 Average 6,748 HUF
Yearly Trough Low 1,826 HUF
Transaction Impact: A difference of 350.70 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4370
0.3640
JanuMarcMayJulySeptNove

ARS 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 0.4198, compared to 0.3818 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0380 points.

H1 Avg (Jan–Jun) 0.4198
H2 Avg (Jul–Dec) 0.3818

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0239 HUF (High: 0.3945 / Low: 0.3706). On the other end, February was the most stable month, with a tight range of 0.0092 HUF (High: 0.4350 / Low: 0.4258).

August Spread (Volatile) ±0.0239
February Spread (Stable) ±0.0092

Growth Streaks & Declines

Trends

Between September and December, 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 April and May, when the average rate fell by 0.0175 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0175

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.4283) against the same month in 2023 (average: 2.0118), the exchange rate shifted by -1.5835 (-78.71%).

2024 Avg (January) 0.4283
2023 Avg (January) 2.0118

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4353 0.4231 0.4283
February 0.4350 0.4258 0.4309
March 0.4324 0.4221 0.4273
April 0.4284 0.4153 0.4221
May 0.4174 0.3963 0.4046
June 0.4124 0.3984 0.4057
July 0.4025 0.3865 0.3922
August 0.3945 0.3706 0.3808
September 0.3762 0.3652 0.3701
October 0.3801 0.3709 0.3767
November 0.3935 0.3765 0.3855
December 0.3915 0.3809 0.3858