YEARLY HIGH
0.0393 BWP
YEARLY LOW
0.0342 BWP
YEARLY AVERAGE
0.0371 BWP

2024 HUF to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HUF to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0393. Conversely, the yearly low was recorded on December 18, dropping to 0.0342.

This high-to-low spread represents a total annual volatility of 0.0051 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0388 to the December average rate of 0.0349, the exchange rate registered a net change of -10.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0393 was down 1.71% compared to the 2023 peak of 0.0400, 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 39,299 BWP
2023 Average 37,872 BWP
Yearly Trough Low 34,180 BWP
Transaction Impact: A difference of 5,118.87 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0392
0.0345
JanuMarcMayJulySeptNove

HUF to BWP 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 0.0379, compared to 0.0364 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0379
H2 Avg (Jul–Dec) 0.0364

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0021 BWP (High: 0.0384 / Low: 0.0363). On the other end, February was the most stable month, with a tight range of 0.0008 BWP (High: 0.0386 / Low: 0.0378).

June Spread (Volatile) ±0.0021
February Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0012 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0388) against the same month in 2023 (average: 0.0349), the exchange rate shifted by +0.0039 (+11.10%).

2024 Avg (January) 0.0388
2023 Avg (January) 0.0349

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0393 0.0379 0.0388
February 0.0386 0.0378 0.0381
March 0.0380 0.0370 0.0376
April 0.0387 0.0371 0.0375
May 0.0390 0.0375 0.0380
June 0.0384 0.0363 0.0372
July 0.0379 0.0367 0.0375
August 0.0380 0.0368 0.0375
September 0.0377 0.0365 0.0373
October 0.0365 0.0356 0.0361
November 0.0356 0.0346 0.0352
December 0.0354 0.0342 0.0349