2024 HUF to ETB Historical Review

YEARLY HIGH

0.3395 ETB

YEARLY LOW

0.1528 ETB

YEARLY AVERAGE

0.2239 ETB

2024 HUF to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HUF to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 0.3395. Conversely, the yearly low was recorded on April 16, dropping to 0.1528.

This high-to-low spread represents a total annual volatility of 0.1867 ETB. From a start-to-finish perspective, comparing the January average rate of 0.1611 to the December average rate of 0.3219, the exchange rate registered a net change of 99.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3395 was up 105.28% compared to the 2023 peak of 0.1654, 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 339,507 ETB

2023 Average 155,243 ETB

Yearly Trough Low 152,765 ETB

Transaction Impact: A difference of 186,741.92 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3434

0.1383

JanuMarcMayJulySeptNove

HUF to ETB 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 0.1578, compared to 0.2900 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1322 points.

H1 Avg (Jan–Jun) 0.1578

H2 Avg (Jul–Dec) 0.2900

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1061 ETB (High: 0.3206 / Low: 0.2145). On the other end, February was the most stable month, with a tight range of 0.0044 ETB (High: 0.1603 / Low: 0.1559).

August Spread (Volatile) ±0.1061

February Spread (Stable) ±0.0044

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0081 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0081

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.3250) against the same month in 2023 (average: 0.1525), the exchange rate shifted by +0.1725 (+113.08%).

2024 Avg (September) 0.3250

2023 Avg (September) 0.1525

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1640	0.1566	0.1611
February	0.1603	0.1559	0.1575
March	0.1578	0.1531	0.1561
April	0.1584	0.1528	0.1554
May	0.1625	0.1570	0.1600
June	0.1605	0.1534	0.1569
July	0.2072	0.1562	0.1611
August	0.3206	0.2145	0.2877
September	0.3395	0.3105	0.3250
October	0.3323	0.3195	0.3263
November	0.3263	0.3098	0.3183
December	0.3262	0.3129	0.3219