2024 BGN to HUF Historical Review

YEARLY HIGH

212.2303 HUF

YEARLY LOW

193.0785 HUF

YEARLY AVERAGE

202.1759 HUF

2024 BGN to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BGN to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 212.2303. Conversely, the yearly low was recorded on January 8, dropping to 193.0785.

This high-to-low spread represents a total annual volatility of 19.1517 HUF. From a start-to-finish perspective, comparing the January average rate of 195.3277 to the December average rate of 210.6840, the exchange rate registered a net change of 7.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 212.2303 was up 3.12% compared to the 2023 peak of 205.8165, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,061,151 HUF

2023 Average 975,915 HUF

Yearly Trough Low 965,393 HUF

Transaction Impact: A difference of 95,758.63 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

212.2197

193.7921

JanuMarcMayJulySeptNove

BGN 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 199.3839, compared to 204.9679 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.5840 points.

H1 Avg (Jan–Jun) 199.3839

H2 Avg (Jul–Dec) 204.9679

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 5.7735 HUF (High: 198.8520 / Low: 193.0785). On the other end, September was the most stable month, with a tight range of 2.5478 HUF (High: 203.2174 / Low: 200.6696).

January Spread (Volatile) ±5.7735

September Spread (Stable) ±2.5478

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 2.7847 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -2.7847

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 210.6840) against the same month in 2023 (average: 195.1579), the exchange rate shifted by +15.5262 (+7.96%).

2024 Avg (December) 210.6840

2023 Avg (December) 195.1579

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	198.8520	193.0785	195.3277
February	201.0655	195.7595	198.3647
March	204.3801	200.8537	202.0101
April	202.7828	199.3122	200.8339
May	199.4810	196.3135	198.0492
June	204.0031	199.1592	201.7176
July	202.0474	199.2256	200.6402
August	203.7428	200.6272	201.8340
September	203.2174	200.6696	201.8378
October	208.9345	203.5686	205.5001
November	211.4122	207.0433	209.3112
December	212.2303	208.8887	210.6840