2024 HUF to ARS Historical Review

YEARLY HIGH

2.7385 ARS

YEARLY LOW

2.2973 ARS

YEARLY AVERAGE

2.5019 ARS

2024 HUF to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HUF to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 2.7385. Conversely, the yearly low was recorded on January 29, dropping to 2.2973.

This high-to-low spread represents a total annual volatility of 0.4413 ARS. From a start-to-finish perspective, comparing the January average rate of 2.3350 to the December average rate of 2.5923, the exchange rate registered a net change of 11.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.7385 was up 16.74% compared to the 2023 peak of 2.3458, 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 2,738,537 ARS

2023 Average 840,318 ARS

Yearly Trough Low 2,297,278 ARS

Transaction Impact: A difference of 441,259.46 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.7406

2.2824

JanuMarcMayJulySeptNove

HUF to ARS 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 2.3837, compared to 2.6201 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2364 points.

H1 Avg (Jan–Jun) 2.3837

H2 Avg (Jul–Dec) 2.6201

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1635 ARS (High: 2.6980 / Low: 2.5345). On the other end, February was the most stable month, with a tight range of 0.0494 ARS (High: 2.3483 / Low: 2.2989).

August Spread (Volatile) ±0.1635

February Spread (Stable) ±0.0494

Growth Streaks & Declines

Trends

Between February and May, 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 0.0607 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0607

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2.7024) against the same month in 2023 (average: 0.9663), the exchange rate shifted by +1.7361 (+179.66%).

2024 Avg (September) 2.7024

2023 Avg (September) 0.9663

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3635	2.2973	2.3350
February	2.3483	2.2989	2.3206
March	2.3690	2.3124	2.3401
April	2.4078	2.3344	2.3693
May	2.5235	2.3959	2.4719
June	2.5103	2.4248	2.4651
July	2.5874	2.4843	2.5499
August	2.6980	2.5345	2.6270
September	2.7385	2.6580	2.7024
October	2.6961	2.6306	2.6549
November	2.6562	2.5411	2.5942
December	2.6257	2.5540	2.5923