YEARLY HIGH
0.5176 DJF
YEARLY LOW
0.4444 DJF
YEARLY AVERAGE
0.4869 DJF

2024 HUF to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HUF to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.5176. Conversely, the yearly low was recorded on December 19, dropping to 0.4444.

This high-to-low spread represents a total annual volatility of 0.0732 DJF. From a start-to-finish perspective, comparing the January average rate of 0.5081 to the December average rate of 0.4521, the exchange rate registered a net change of -11.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5176 was down 3.13% compared to the 2023 peak of 0.5343, 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 517,633 DJF
2023 Average 504,268 DJF
Yearly Trough Low 444,403 DJF
Transaction Impact: A difference of 73,229.26 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5137
0.4465
JanuMarcMayJulySeptNove

HUF to DJF 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 0.4931, compared to 0.4807 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0124 points.

H1 Avg (Jan–Jun) 0.4931
H2 Avg (Jul–Dec) 0.4807

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0262 DJF (High: 0.4756 / Low: 0.4494). On the other end, September was the most stable month, with a tight range of 0.0115 DJF (High: 0.5049 / Low: 0.4935).

November Spread (Volatile) ±0.0262
September Spread (Stable) ±0.0115

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 0.0204 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0204

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.5081) against the same month in 2023 (average: 0.4857), the exchange rate shifted by +0.0224 (+4.60%).

2024 Avg (January) 0.5081
2023 Avg (January) 0.4857

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5176 0.4948 0.5081
February 0.5054 0.4890 0.4951
March 0.4939 0.4819 0.4891
April 0.4948 0.4777 0.4855
May 0.5037 0.4877 0.4960
June 0.4967 0.4771 0.4851
July 0.4978 0.4828 0.4918
August 0.5055 0.4833 0.4960
September 0.5049 0.4935 0.5007
October 0.4942 0.4733 0.4822
November 0.4756 0.4494 0.4617
December 0.4572 0.4444 0.4521