2024 GNF to HUF Historical Review

YEARLY HIGH

0.0463 HUF

YEARLY LOW

0.0402 HUF

YEARLY AVERAGE

0.0425 HUF

2024 GNF to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GNF to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.0463. Conversely, the yearly low was recorded on January 1, dropping to 0.0402.

This high-to-low spread represents a total annual volatility of 0.0061 HUF. From a start-to-finish perspective, comparing the January average rate of 0.0407 to the December average rate of 0.0456, the exchange rate registered a net change of 11.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0463 was up 5.43% compared to the 2023 peak of 0.0439, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 232 HUF

2023 Average 205 HUF

Yearly Trough Low 201 HUF

Transaction Impact: A difference of 30.64 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0461

0.0403

JanuMarcMayJulySeptNove

GNF 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 0.0420, compared to 0.0429 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0420

H2 Avg (Jul–Dec) 0.0429

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0025 HUF (High: 0.0458 / Low: 0.0433). On the other end, September was the most stable month, with a tight range of 0.0009 HUF (High: 0.0417 / Low: 0.0408).

November Spread (Volatile) ±0.0025

September Spread (Stable) ±0.0009

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 0.0009 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0456) against the same month in 2023 (average: 0.0406), the exchange rate shifted by +0.0049 (+12.18%).

2024 Avg (December) 0.0456

2023 Avg (December) 0.0406

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0418	0.0402	0.0407
February	0.0423	0.0409	0.0418
March	0.0430	0.0419	0.0423
April	0.0433	0.0418	0.0426
May	0.0424	0.0411	0.0417
June	0.0433	0.0416	0.0426
July	0.0428	0.0415	0.0420
August	0.0426	0.0407	0.0416
September	0.0417	0.0408	0.0411
October	0.0435	0.0415	0.0427
November	0.0458	0.0433	0.0447
December	0.0463	0.0451	0.0456