YEARLY HIGH
400.1500 HUF
YEARLY LOW
344.7700 HUF
YEARLY AVERAGE
365.5842 HUF

2024 BMD to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BMD to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 400.1500. Conversely, the yearly low was recorded on January 10, dropping to 344.7700.

This high-to-low spread represents a total annual volatility of 55.3800 HUF. From a start-to-finish perspective, comparing the January average rate of 350.2233 to the December average rate of 393.4426, the exchange rate registered a net change of 12.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 400.1500 was up 5.43% compared to the 2023 peak of 379.5285, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,000,750 HUF
2023 Average 1,764,686 HUF
Yearly Trough Low 1,723,850 HUF
Transaction Impact: A difference of 276,900.00 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

397.7645
345.9014
JanuMarcMayJulySeptNove

BMD 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 360.7144, compared to 370.4541 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.7397 points.

H1 Avg (Jan–Jun) 360.7144
H2 Avg (Jul–Dec) 370.4541

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 21.2393 HUF (High: 395.0000 / Low: 373.7607). On the other end, March was the most stable month, with a tight range of 7.9198 HUF (High: 367.9200 / Low: 360.0002).

November Spread (Volatile) ±21.2393
March Spread (Stable) ±7.9198

Growth Streaks & Declines

Trends

Between January and April, 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 8.0345 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -8.0345

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 393.4426) against the same month in 2023 (average: 349.5655), the exchange rate shifted by +43.8771 (+12.55%).

2024 Avg (December) 393.4426
2023 Avg (December) 349.5655

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 359.2279 344.7700 350.2233
February 363.5100 352.1000 359.4545
March 367.9200 360.0002 363.4660
April 372.1400 358.9428 366.2949
May 364.3009 353.7569 358.2604
June 372.0700 357.9170 366.5872
July 367.6786 357.3292 361.6089
August 367.3500 351.6000 358.1436
September 360.2346 352.1600 355.3641
October 375.5900 359.6873 368.8818
November 395.0000 373.7607 385.2835
December 400.1500 388.9431 393.4426