YEARLY HIGH
501.9532 HUF
YEARLY LOW
438.7857 HUF
YEARLY AVERAGE
467.1479 HUF

2024 FKP to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FKP to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 501.9532. Conversely, the yearly low was recorded on January 4, dropping to 438.7857.

This high-to-low spread represents a total annual volatility of 63.1674 HUF. From a start-to-finish perspective, comparing the January average rate of 445.0656 to the December average rate of 497.0720, the exchange rate registered a net change of 11.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 501.9532 was up 9.92% compared to the 2023 peak of 456.6693, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,509,766 HUF
2023 Average 2,194,224 HUF
Yearly Trough Low 2,193,929 HUF
Transaction Impact: A difference of 315,837.12 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

502.2726
439.8649
JanuMarcMayJulySeptNove

FKP 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 456.2735, compared to 478.0224 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 21.7489 points.

H1 Avg (Jan–Jun) 456.2735
H2 Avg (Jul–Dec) 478.0224

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 17.9363 HUF (High: 456.7220 / Low: 438.7857). On the other end, July was the most stable month, with a tight range of 6.4103 HUF (High: 469.0929 / Low: 462.6826).

January Spread (Volatile) ±17.9363
July Spread (Stable) ±6.4103

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 5.5071 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -5.5071

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 497.0720) against the same month in 2023 (average: 442.7464), the exchange rate shifted by +54.3256 (+12.27%).

2024 Avg (December) 497.0720
2023 Avg (December) 442.7464

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 456.7220 438.7857 445.0656
February 459.7109 448.7963 454.0326
March 467.2024 459.4619 461.8651
April 462.5926 454.3321 458.1985
May 457.7023 449.0706 452.6915
June 471.7732 457.5583 465.7878
July 469.0929 462.6826 465.3666
August 467.5514 459.6886 463.6001
September 477.0133 466.1579 469.7975
October 487.4085 476.5332 481.1914
November 497.3117 486.0517 491.1069
December 501.9532 491.2852 497.0720