YEARLY HIGH
0.2409 INR
YEARLY LOW
0.2127 INR
YEARLY AVERAGE
0.2291 INR

2024 HUF to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HUF to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.2409. Conversely, the yearly low was recorded on December 19, dropping to 0.2127.

This high-to-low spread represents a total annual volatility of 0.0282 INR. From a start-to-finish perspective, comparing the January average rate of 0.2373 to the December average rate of 0.2161, the exchange rate registered a net change of -8.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2409 was down 2.33% compared to the 2023 peak of 0.2466, 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 240,867 INR
2023 Average 234,124 INR
Yearly Trough Low 212,709 INR
Transaction Impact: A difference of 28,158.36 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2395
0.2139
JanuMarcMayJulySeptNove

HUF to INR 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 0.2308, compared to 0.2274 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 0.2308
H2 Avg (Jul–Dec) 0.2274

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0113 INR (High: 0.2251 / Low: 0.2138). On the other end, March was the most stable month, with a tight range of 0.0037 INR (High: 0.2306 / Low: 0.2269).

November Spread (Volatile) ±0.0113
March Spread (Stable) ±0.0037

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 0.0088 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0088

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.2373) against the same month in 2023 (average: 0.2233), the exchange rate shifted by +0.0140 (+6.28%).

2024 Avg (January) 0.2373
2023 Avg (January) 0.2233

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2409 0.2315 0.2373
February 0.2356 0.2281 0.2308
March 0.2306 0.2269 0.2285
April 0.2320 0.2248 0.2278
May 0.2354 0.2289 0.2327
June 0.2332 0.2246 0.2278
July 0.2339 0.2269 0.2312
August 0.2387 0.2280 0.2343
September 0.2373 0.2331 0.2358
October 0.2332 0.2239 0.2279
November 0.2251 0.2138 0.2190
December 0.2183 0.2127 0.2161