2024 HUF to BOB Historical Review

YEARLY HIGH

0.0200 BOB

YEARLY LOW

0.0173 BOB

YEARLY AVERAGE

0.0189 BOB

2024 HUF to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HUF to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.0200. Conversely, the yearly low was recorded on December 19, dropping to 0.0173.

This high-to-low spread represents a total annual volatility of 0.0028 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0197 to the December average rate of 0.0176, the exchange rate registered a net change of -10.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0200 was down 3.51% compared to the 2023 peak of 0.0208, 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 20,042 BOB

2023 Average 19,588 BOB

Yearly Trough Low 17,272 BOB

Transaction Impact: A difference of 2,769.95 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0199

0.0173

JanuMarcMayJulySeptNove

HUF to BOB 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 0.0192, compared to 0.0187 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0192

H2 Avg (Jul–Dec) 0.0187

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0010 BOB (High: 0.0185 / Low: 0.0175). On the other end, September was the most stable month, with a tight range of 0.0004 BOB (High: 0.0196 / Low: 0.0192).

November Spread (Volatile) ±0.0010

September Spread (Stable) ±0.0004

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 0.0008 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0197) against the same month in 2023 (average: 0.0189), the exchange rate shifted by +0.0008 (+4.49%).

2024 Avg (January) 0.0197

2023 Avg (January) 0.0189

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0200	0.0192	0.0197
February	0.0196	0.0190	0.0192
March	0.0192	0.0187	0.0190
April	0.0192	0.0186	0.0189
May	0.0195	0.0190	0.0193
June	0.0193	0.0185	0.0189
July	0.0193	0.0188	0.0191
August	0.0197	0.0188	0.0193
September	0.0196	0.0192	0.0195
October	0.0192	0.0184	0.0188
November	0.0185	0.0175	0.0180
December	0.0178	0.0173	0.0176