2024 HUF to GMD Historical Review

YEARLY HIGH

0.2019 GMD

YEARLY LOW

0.1797 GMD

YEARLY AVERAGE

0.1883 GMD

2024 HUF to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HUF to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 0.2019. Conversely, the yearly low was recorded on November 23, dropping to 0.1797.

This high-to-low spread represents a total annual volatility of 0.0222 GMD. From a start-to-finish perspective, comparing the January average rate of 0.1922 to the December average rate of 0.1825, the exchange rate registered a net change of -5.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2019 was up 2.89% compared to the 2023 peak of 0.1962, 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 201,904 GMD

2023 Average 176,604 GMD

Yearly Trough Low 179,747 GMD

Transaction Impact: A difference of 22,156.96 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1971

0.1812

JanuMarcMayJulySeptNove

HUF to GMD 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 0.1878, compared to 0.1889 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.1878

H2 Avg (Jul–Dec) 0.1889

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0141 GMD (High: 0.2019 / Low: 0.1878). On the other end, March was the most stable month, with a tight range of 0.0041 GMD (High: 0.1887 / Low: 0.1846).

August Spread (Volatile) ±0.0141

March Spread (Stable) ±0.0041

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 0.0079 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0079

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.1950) against the same month in 2023 (average: 0.1717), the exchange rate shifted by +0.0234 (+13.63%).

2024 Avg (August) 0.1950

2023 Avg (August) 0.1717

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1951	0.1877	0.1922
February	0.1914	0.1869	0.1881
March	0.1887	0.1846	0.1869
April	0.1892	0.1825	0.1854
May	0.1916	0.1860	0.1892
June	0.1894	0.1821	0.1849
July	0.1909	0.1843	0.1876
August	0.2019	0.1878	0.1950
September	0.1992	0.1928	0.1958
October	0.1933	0.1850	0.1878
November	0.1913	0.1797	0.1847
December	0.1851	0.1798	0.1825