YEARLY HIGH
0.2114 AFN
YEARLY LOW
0.1709 AFN
YEARLY AVERAGE
0.1932 AFN

2024 HUF to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HUF to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.2114. Conversely, the yearly low was recorded on November 22, dropping to 0.1709.

This high-to-low spread represents a total annual volatility of 0.0405 AFN. From a start-to-finish perspective, comparing the January average rate of 0.2043 to the December average rate of 0.1765, the exchange rate registered a net change of -13.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2114 was down 21.85% compared to the 2023 peak of 0.2705, 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 211,380 AFN
2023 Average 234,574 AFN
Yearly Trough Low 170,890 AFN
Transaction Impact: A difference of 40,489.65 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2071
0.1728
JanuMarcMayJulySeptNove

HUF to AFN 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 0.1992, compared to 0.1872 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0120 points.

H1 Avg (Jan–Jun) 0.1992
H2 Avg (Jul–Dec) 0.1872

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0131 AFN (High: 0.1891 / Low: 0.1760). On the other end, July was the most stable month, with a tight range of 0.0051 AFN (High: 0.1977 / Low: 0.1926).

October Spread (Volatile) ±0.0131
July Spread (Stable) ±0.0051

Growth Streaks & Declines

Trends

Between June and August, 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 September and October, when the average rate fell by 0.0137 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0137

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.2036) against the same month in 2023 (average: 0.2495), the exchange rate shifted by -0.0459 (-18.40%).

2024 Avg (February) 0.2036
2023 Avg (February) 0.2495

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2093 0.2009 0.2043
February 0.2114 0.1997 0.2036
March 0.2019 0.1929 0.1986
April 0.2001 0.1929 0.1960
May 0.2034 0.1963 0.2001
June 0.1997 0.1881 0.1924
July 0.1977 0.1926 0.1957
August 0.2019 0.1931 0.1977
September 0.1999 0.1910 0.1956
October 0.1891 0.1760 0.1819
November 0.1816 0.1709 0.1757
December 0.1801 0.1719 0.1765