YEARLY HIGH
0.0058 BBD
YEARLY LOW
0.0050 BBD
YEARLY AVERAGE
0.0055 BBD

2024 HUF to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HUF to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.0058. Conversely, the yearly low was recorded on December 19, dropping to 0.0050.

This high-to-low spread represents a total annual volatility of 0.0008 BBD. From a start-to-finish perspective, comparing the January average rate of 0.0057 to the December average rate of 0.0051, 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 0.0058 was down 3.49% compared to the 2023 peak of 0.0060, 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 5,801 BBD
2023 Average 5,671 BBD
Yearly Trough Low 4,998 BBD
Transaction Impact: A difference of 802.84 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0058
0.0050
JanuMarcMayJulySeptNove

HUF to BBD 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 0.0055, compared to 0.0054 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0055
H2 Avg (Jul–Dec) 0.0054

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0003 BBD (High: 0.0054 / Low: 0.0051). On the other end, March was the most stable month, with a tight range of 0.0001 BBD (High: 0.0056 / Low: 0.0054).

November Spread (Volatile) ±0.0003
March Spread (Stable) ±0.0001

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 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0057) against the same month in 2023 (average: 0.0055), the exchange rate shifted by +0.0002 (+4.51%).

2024 Avg (January) 0.0057
2023 Avg (January) 0.0055

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0058 0.0056 0.0057
February 0.0057 0.0055 0.0056
March 0.0056 0.0054 0.0055
April 0.0056 0.0054 0.0055
May 0.0057 0.0055 0.0056
June 0.0056 0.0054 0.0055
July 0.0056 0.0054 0.0055
August 0.0057 0.0054 0.0056
September 0.0057 0.0056 0.0056
October 0.0056 0.0053 0.0054
November 0.0054 0.0051 0.0052
December 0.0051 0.0050 0.0051