YEARLY HIGH
6.9725 BIF
YEARLY LOW
6.0525 BIF
YEARLY AVERAGE
6.5178 BIF

2021 HUF to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HUF to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 6.9725. Conversely, the yearly low was recorded on November 22, dropping to 6.0525.

This high-to-low spread represents a total annual volatility of 0.9200 BIF. From a start-to-finish perspective, comparing the January average rate of 6.5925 to the December average rate of 6.1483, the exchange rate registered a net change of -6.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 6.9725 was up 4.07% compared to the 2020 peak of 6.6998, 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 6,972,505 BIF
2020 Average 6,226,468 BIF
Yearly Trough Low 6,052,466 BIF
Transaction Impact: A difference of 920,039.53 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

6.8708
6.0826
JanuMarcMayJulySeptNove

HUF to BIF 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 6.5973, compared to 6.4384 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1589 points.

H1 Avg (Jan–Jun) 6.5973
H2 Avg (Jul–Dec) 6.4384

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.4341 BIF (High: 6.9480 / Low: 6.5139). On the other end, December was the most stable month, with a tight range of 0.1154 BIF (High: 6.2157 / Low: 6.1003).

May Spread (Volatile) ±0.4341
December Spread (Stable) ±0.1154

Growth Streaks & Declines

Trends

Between March and June, 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 June and July, when the average rate fell by 0.2426 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2426

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 6.8051) against the same month in 2020 (average: 6.1748), the exchange rate shifted by +0.6303 (+10.21%).

2021 Avg (June) 6.8051
2020 Avg (June) 6.1748

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.6765 6.5228 6.5925
February 6.6298 6.4766 6.5812
March 6.4752 6.2911 6.3597
April 6.5790 6.3562 6.4794
May 6.9480 6.5139 6.7658
June 6.9725 6.6072 6.8051
July 6.6790 6.4718 6.5625
August 6.7255 6.5625 6.6365
September 6.7831 6.4093 6.6451
October 6.4812 6.3296 6.4047
November 6.4479 6.0525 6.2331
December 6.2157 6.1003 6.1483