2024 HUF to CNY Historical Review

YEARLY HIGH

0.0208 CNY

YEARLY LOW

0.0182 CNY

YEARLY AVERAGE

0.0197 CNY

2024 HUF to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HUF to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.0208. Conversely, the yearly low was recorded on December 19, dropping to 0.0182.

This high-to-low spread represents a total annual volatility of 0.0026 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0203 to the December average rate of 0.0185, the exchange rate registered a net change of -8.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0208 was down 3.59% compared to the 2023 peak of 0.0216, 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 20,800 CNY

2023 Average 20,060 CNY

Yearly Trough Low 18,234 CNY

Transaction Impact: A difference of 2,566.08 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0205

0.0183

JanuMarcMayJulySeptNove

HUF to CNY 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 0.0199, compared to 0.0194 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) 0.0199

H2 Avg (Jul–Dec) 0.0194

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0011 CNY (High: 0.0202 / Low: 0.0191). On the other end, September was the most stable month, with a tight range of 0.0004 CNY (High: 0.0201 / Low: 0.0197).

June Spread (Volatile) ±0.0011

September Spread (Stable) ±0.0004

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 0.0007 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0203) against the same month in 2023 (average: 0.0186), the exchange rate shifted by +0.0017 (+9.42%).

2024 Avg (January) 0.0203

2023 Avg (January) 0.0186

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0208	0.0198	0.0203
February	0.0202	0.0197	0.0199
March	0.0200	0.0195	0.0198
April	0.0201	0.0192	0.0197
May	0.0205	0.0195	0.0200
June	0.0202	0.0191	0.0197
July	0.0203	0.0198	0.0201
August	0.0203	0.0196	0.0200
September	0.0201	0.0197	0.0199
October	0.0195	0.0189	0.0192
November	0.0191	0.0183	0.0187
December	0.0187	0.0182	0.0185