YEARLY HIGH
0.0227 HKD
YEARLY LOW
0.0194 HKD
YEARLY AVERAGE
0.0214 HKD

2024 HUF to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HUF to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.0227. Conversely, the yearly low was recorded on December 19, dropping to 0.0194.

This high-to-low spread represents a total annual volatility of 0.0033 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0223 to the December average rate of 0.0198, the exchange rate registered a net change of -11.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0227 was down 3.45% compared to the 2023 peak of 0.0235, 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 22,682 HKD
2023 Average 22,200 HKD
Yearly Trough Low 19,418 HKD
Transaction Impact: A difference of 3,264.20 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0226
0.0195
JanuMarcMayJulySeptNove

HUF to HKD 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 0.0217, compared to 0.0211 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0217
H2 Avg (Jul–Dec) 0.0211

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0011 HKD (High: 0.0208 / Low: 0.0197). On the other end, March was the most stable month, with a tight range of 0.0005 HKD (High: 0.0217 / Low: 0.0213).

November Spread (Volatile) ±0.0011
March Spread (Stable) ±0.0005

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 0.0009 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0223) against the same month in 2023 (average: 0.0214), the exchange rate shifted by +0.0010 (+4.46%).

2024 Avg (January) 0.0223
2023 Avg (January) 0.0214

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0227 0.0218 0.0223
February 0.0222 0.0215 0.0218
March 0.0217 0.0213 0.0215
April 0.0218 0.0210 0.0214
May 0.0221 0.0215 0.0218
June 0.0218 0.0210 0.0213
July 0.0218 0.0212 0.0216
August 0.0222 0.0213 0.0218
September 0.0221 0.0216 0.0219
October 0.0216 0.0207 0.0211
November 0.0208 0.0197 0.0202
December 0.0200 0.0194 0.0198