YEARLY HIGH
0.0107 AED
YEARLY LOW
0.0092 AED
YEARLY AVERAGE
0.0101 AED

2024 HUF to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HUF to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.0107. Conversely, the yearly low was recorded on December 19, dropping to 0.0092.

This high-to-low spread represents a total annual volatility of 0.0015 AED. From a start-to-finish perspective, comparing the January average rate of 0.0105 to the December average rate of 0.0093, the exchange rate registered a net change of -10.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0107 was down 3.50% compared to the 2023 peak of 0.0110, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 10,653 AED
2023 Average 10,415 AED
Yearly Trough Low 9,179 AED
Transaction Impact: A difference of 1,474.22 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0106
0.0092
JanuMarcMayJulySeptNove

HUF to AED 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 0.0102, compared to 0.0099 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0102
H2 Avg (Jul–Dec) 0.0099

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0005 AED (High: 0.0098 / Low: 0.0093). On the other end, March was the most stable month, with a tight range of 0.0002 AED (High: 0.0102 / Low: 0.0100).

November Spread (Volatile) ±0.0005
March Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between June and September, 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 October and November, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0105) against the same month in 2023 (average: 0.0100), the exchange rate shifted by +0.0005 (+4.50%).

2024 Avg (January) 0.0105
2023 Avg (January) 0.0100

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0107 0.0102 0.0105
February 0.0104 0.0101 0.0102
March 0.0102 0.0100 0.0101
April 0.0102 0.0099 0.0100
May 0.0104 0.0101 0.0103
June 0.0103 0.0099 0.0100
July 0.0103 0.0100 0.0102
August 0.0104 0.0100 0.0103
September 0.0104 0.0102 0.0103
October 0.0102 0.0098 0.0100
November 0.0098 0.0093 0.0095
December 0.0094 0.0092 0.0093