YEARLY HIGH
0.6052 HUF
YEARLY LOW
0.1276 HUF
YEARLY AVERAGE
0.3036 HUF

2021 SYP to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SYP to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.6052. Conversely, the yearly low was recorded on December 1, dropping to 0.1276.

This high-to-low spread represents a total annual volatility of 0.4776 HUF. From a start-to-finish perspective, comparing the January average rate of 0.5758 to the December average rate of 0.1293, the exchange rate registered a net change of -77.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.6052 was down 8.15% compared to the 2020 peak of 0.6589, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,026 HUF
2020 Average 2,999 HUF
Yearly Trough Low 638 HUF
Transaction Impact: A difference of 2,388.05 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.6229
0.0845
JanuMarcMayJulySeptNove

SYP 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 0.3914, compared to 0.2159 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1755 points.

H1 Avg (Jan–Jun) 0.3914
H2 Avg (Jul–Dec) 0.2159

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.3607 HUF (High: 0.6052 / Low: 0.2446). On the other end, December was the most stable month, with a tight range of 0.0026 HUF (High: 0.1303 / Low: 0.1276).

March Spread (Volatile) ±0.3607
December Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.2520 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2520

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.4918) against the same month in 2020 (average: 0.6072), the exchange rate shifted by -0.1154 (-19.01%).

2021 Avg (March) 0.4918
2020 Avg (March) 0.6072

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5824 0.5672 0.5758
February 0.5854 0.5743 0.5780
March 0.6052 0.2446 0.4918
April 0.2442 0.2363 0.2398
May 0.2384 0.2257 0.2315
June 0.2385 0.2253 0.2312
July 0.2436 0.2357 0.2402
August 0.2402 0.2346 0.2377
September 0.2470 0.2327 0.2380
October 0.2506 0.2443 0.2474
November 0.2567 0.1282 0.2026
December 0.1303 0.1276 0.1293