YEARLY HIGH
51.4993 HUF
YEARLY LOW
44.0880 HUF
YEARLY AVERAGE
46.8545 HUF

2024 HKD to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 51.4993. Conversely, the yearly low was recorded on January 10, dropping to 44.0880.

This high-to-low spread represents a total annual volatility of 7.4114 HUF. From a start-to-finish perspective, comparing the January average rate of 44.8053 to the December average rate of 50.6124, the exchange rate registered a net change of 12.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 51.4993 was up 6.02% compared to the 2023 peak of 48.5731, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 1,287,483 HUF
2023 Average 1,127,018 HUF
Yearly Trough Low 1,102,199 HUF
Transaction Impact: A difference of 185,283.92 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

51.1931
44.2246
JanuMarcMayJulySeptNove

HKD 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 46.1327, compared to 47.5764 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4437 points.

H1 Avg (Jan–Jun) 46.1327
H2 Avg (Jul–Dec) 47.5764

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 2.6506 HUF (High: 50.7422 / Low: 48.0916). On the other end, March was the most stable month, with a tight range of 0.9883 HUF (High: 47.0212 / Low: 46.0329).

November Spread (Volatile) ±2.6506
March Spread (Stable) ±0.9883

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 0.9100 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.9100

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 50.6124) against the same month in 2023 (average: 44.7614), the exchange rate shifted by +5.8510 (+13.07%).

2024 Avg (December) 50.6124
2023 Avg (December) 44.7614

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 45.9726 44.0880 44.8053
February 46.4343 45.0241 45.9564
March 47.0212 46.0329 46.4578
April 47.5159 45.8335 46.7751
May 46.5670 45.3000 45.8651
June 47.6369 45.7703 46.9365
July 47.0626 45.7704 46.3023
August 47.0106 45.0730 45.9335
September 46.2007 45.1988 45.6111
October 48.3303 46.2796 47.4775
November 50.7422 48.0916 49.5214
December 51.4993 50.0289 50.6124