YEARLY HIGH
2.7588 CLP
YEARLY LOW
2.4666 CLP
YEARLY AVERAGE
2.5834 CLP

2024 HUF to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HUF to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 2.7588. Conversely, the yearly low was recorded on December 3, dropping to 2.4666.

This high-to-low spread represents a total annual volatility of 0.2921 CLP. From a start-to-finish perspective, comparing the January average rate of 2.5953 to the December average rate of 2.5001, the exchange rate registered a net change of -3.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.7588 was up 5.03% compared to the 2023 peak of 2.6266, 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 2,758,781 CLP
2023 Average 2,381,331 CLP
Yearly Trough Low 2,466,632 CLP
Transaction Impact: A difference of 292,149.20 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.7066
2.4814
JanuMarcMayJulySeptNove

HUF to CLP 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 2.6078, compared to 2.5590 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0488 points.

H1 Avg (Jan–Jun) 2.6078
H2 Avg (Jul–Dec) 2.5590

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.1478 CLP (High: 2.7387 / Low: 2.5909). On the other end, December was the most stable month, with a tight range of 0.0635 CLP (High: 2.5301 / Low: 2.4666).

March Spread (Volatile) ±0.1478
December Spread (Stable) ±0.0635

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 September and October, when the average rate fell by 0.0637 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0637

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 2.6878) against the same month in 2023 (average: 2.2289), the exchange rate shifted by +0.4589 (+20.59%).

2024 Avg (February) 2.6878
2023 Avg (February) 2.2289

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6588 2.5299 2.5953
February 2.7588 2.6382 2.6878
March 2.7387 2.5909 2.6609
April 2.6805 2.5733 2.6111
May 2.6374 2.4974 2.5587
June 2.5792 2.4814 2.5333
July 2.6394 2.5133 2.5853
August 2.6321 2.5646 2.5946
September 2.6657 2.5265 2.6067
October 2.5897 2.5100 2.5430
November 2.5609 2.4771 2.5243
December 2.5301 2.4666 2.5001