2024 HUF to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 HUF to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the HUF to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 254.7477. Conversely, the yearly low was recorded on February 14, dropping to 41.3445.
This high-to-low spread represents a total annual volatility of 213.4032 LBP. From a start-to-finish perspective, comparing the January average rate of 42.9234 to the December average rate of 227.5504, the exchange rate registered a net change of 430.13% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 254.7477 was up 460.97% compared to the 2023 peak of 45.4123, indicating shifts in long-term support levels.
Comparing the value generated converting 1,000,000 HUF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
HUF to LBP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 187.8050, compared to 242.1224 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 54.3174 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was February, with a trading range of 208.7672 LBP (High: 250.1117 / Low: 41.3445). On the other end, January was the most stable month, with a tight range of 1.7081 LBP (High: 43.5907 / Low: 41.8826).
Growth Streaks & Declines
TrendsBetween 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 10.3643 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 249.9122) against the same month in 2023 (average: 42.6661), the exchange rate shifted by +207.2461 (+485.74%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 43.5907 | 41.8826 | 42.9234 |
| February | 250.1117 | 41.3445 | 98.8625 |
| March | 248.8204 | 242.3351 | 246.3700 |
| April | 249.1815 | 240.6508 | 244.4261 |
| May | 252.9392 | 245.8899 | 249.8889 |
| June | 250.0946 | 240.1081 | 244.3589 |
| July | 250.4907 | 243.5551 | 247.5994 |
| August | 254.7477 | 243.7982 | 249.9122 |
| September | 254.3325 | 248.6273 | 252.0639 |
| October | 248.9075 | 238.5706 | 242.9864 |
| November | 239.6195 | 226.8354 | 232.6222 |
| December | 230.0810 | 223.8314 | 227.5504 |