YEARLY HIGH
0.0023 GBP
YEARLY LOW
0.0020 GBP
YEARLY AVERAGE
0.0021 GBP

2024 HUF to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HUF to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 0.0023. Conversely, the yearly low was recorded on December 18, dropping to 0.0020.

This high-to-low spread represents a total annual volatility of 0.0003 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0022 to the December average rate of 0.0020, the exchange rate registered a net change of -10.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0023 was down 4.20% compared to the 2023 peak of 0.0024, 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 2,279 GBP
2023 Average 2,280 GBP
Yearly Trough Low 1,992 GBP
Transaction Impact: A difference of 286.80 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0023
0.0020
JanuMarcMayJulySeptNove

HUF to GBP 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 0.0022, compared to 0.0021 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0022
H2 Avg (Jul–Dec) 0.0021

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0001 GBP (High: 0.0023 / Low: 0.0022). On the other end, July was the most stable month, with a tight range of 0.0000 GBP (High: 0.0022 / Low: 0.0021).

January Spread (Volatile) ±0.0001
July Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0022) against the same month in 2023 (average: 0.0022), the exchange rate shifted by +0.0000 (+0.70%).

2024 Avg (January) 0.0022
2023 Avg (January) 0.0022

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0023 0.0022 0.0022
February 0.0022 0.0022 0.0022
March 0.0022 0.0021 0.0022
April 0.0022 0.0022 0.0022
May 0.0022 0.0022 0.0022
June 0.0022 0.0021 0.0021
July 0.0022 0.0021 0.0021
August 0.0022 0.0021 0.0022
September 0.0021 0.0021 0.0021
October 0.0021 0.0021 0.0021
November 0.0021 0.0020 0.0020
December 0.0020 0.0020 0.0020