YEARLY HIGH
0.4448 JPY
YEARLY LOW
0.3787 JPY
YEARLY AVERAGE
0.4146 JPY

2024 HUF to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HUF to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 10, valuing the pair at 0.4448. Conversely, the yearly low was recorded on December 2, dropping to 0.3787.

This high-to-low spread represents a total annual volatility of 0.0661 JPY. From a start-to-finish perspective, comparing the January average rate of 0.4174 to the December average rate of 0.3915, the exchange rate registered a net change of -6.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4448 was up 2.09% compared to the 2023 peak of 0.4357, 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 444,803 JPY
2023 Average 398,450 JPY
Yearly Trough Low 378,654 JPY
Transaction Impact: A difference of 66,149.39 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4401
0.3871
JanuMarcMayJulySeptNove

HUF to JPY 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 0.4220, compared to 0.4071 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0149 points.

H1 Avg (Jan–Jun) 0.4220
H2 Avg (Jul–Dec) 0.4071

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0334 JPY (High: 0.4448 / Low: 0.4114). On the other end, February was the most stable month, with a tight range of 0.0094 JPY (High: 0.4203 / Low: 0.4109).

July Spread (Volatile) ±0.0334
February Spread (Stable) ±0.0094

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 July and August, when the average rate fell by 0.0274 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0274

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.4357) against the same month in 2023 (average: 0.4116), the exchange rate shifted by +0.0242 (+5.87%).

2024 Avg (July) 0.4357
2023 Avg (July) 0.4116

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4240 0.4072 0.4174
February 0.4203 0.4109 0.4162
March 0.4185 0.4043 0.4120
April 0.4315 0.4123 0.4206
May 0.4441 0.4222 0.4347
June 0.4377 0.4231 0.4313
July 0.4448 0.4114 0.4357
August 0.4139 0.3974 0.4083
September 0.4137 0.3948 0.4026
October 0.4099 0.3996 0.4064
November 0.4087 0.3837 0.3983
December 0.4009 0.3787 0.3915