2024 BOB to HUF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BOB to HUF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BOB to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 57.8973. Conversely, the yearly low was recorded on January 10, dropping to 49.8955.
This high-to-low spread represents a total annual volatility of 8.0019 HUF. From a start-to-finish perspective, comparing the January average rate of 50.6919 to the December average rate of 56.9386, the exchange rate registered a net change of 12.32% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 57.8973 was up 5.42% compared to the 2023 peak of 54.9221, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BOB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BOB 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 52.1864, compared to 53.5910 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4046 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 3.1136 HUF (High: 57.1784 / Low: 54.0648). On the other end, September was the most stable month, with a tight range of 1.1605 HUF (High: 52.1087 / Low: 50.9481).
Growth Streaks & Declines
TrendsBetween 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 1.0769 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 56.9386) against the same month in 2023 (average: 50.5316), the exchange rate shifted by +6.4070 (+12.68%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 52.0093 | 49.8955 | 50.6919 |
| February | 52.6531 | 51.0453 | 52.0000 |
| March | 53.4823 | 52.1197 | 52.6045 |
| April | 53.7009 | 51.9752 | 52.9266 |
| May | 52.7268 | 51.1749 | 51.8496 |
| June | 53.9758 | 51.8322 | 53.0457 |
| July | 53.2099 | 51.7368 | 52.3429 |
| August | 53.2536 | 50.8708 | 51.8662 |
| September | 52.1087 | 50.9481 | 51.4025 |
| October | 54.3575 | 52.0986 | 53.3126 |
| November | 57.1784 | 54.0648 | 55.6832 |
| December | 57.8973 | 56.1227 | 56.9386 |