YEARLY HIGH
295.6874 HUF
YEARLY LOW
259.0341 HUF
YEARLY AVERAGE
273.6113 HUF

2024 BND to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BND to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 295.6874. Conversely, the yearly low was recorded on January 10, dropping to 259.0341.

This high-to-low spread represents a total annual volatility of 36.6533 HUF. From a start-to-finish perspective, comparing the January average rate of 262.3254 to the December average rate of 291.4364, the exchange rate registered a net change of 11.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 295.6874 was up 4.86% compared to the 2023 peak of 281.9788, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,478,437 HUF
2023 Average 1,314,434 HUF
Yearly Trough Low 1,295,171 HUF
Transaction Impact: A difference of 183,266.44 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

294.3475
259.4143
JanuMarcMayJulySeptNove

BND 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 267.8583, compared to 279.3644 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.5061 points.

H1 Avg (Jan–Jun) 267.8583
H2 Avg (Jul–Dec) 279.3644

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 10.5454 HUF (High: 293.1413 / Low: 282.5959). On the other end, October was the most stable month, with a tight range of 4.9403 HUF (High: 284.1601 / Low: 279.2199).

November Spread (Volatile) ±10.5454
October Spread (Stable) ±4.9403

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 4.9661 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -4.9661

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 291.4364) against the same month in 2023 (average: 262.3726), the exchange rate shifted by +29.0638 (+11.08%).

2024 Avg (December) 291.4364
2023 Avg (December) 262.3726

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 267.8243 259.0341 262.3254
February 270.2690 263.1854 267.3212
March 274.4382 267.9042 271.1358
April 272.7901 266.6981 270.0951
May 268.6357 262.2720 265.1290
June 275.5260 265.1647 271.1430
July 271.7436 265.9344 268.6011
August 276.3941 268.6533 272.2016
September 278.3495 271.3967 274.1111
October 284.1601 279.2199 281.5220
November 293.1413 282.5959 288.3140
December 295.6874 288.3018 291.4364