2024 HUF to LKR Historical Review

YEARLY HIGH

0.9375 LKR

YEARLY LOW

0.7297 LKR

YEARLY AVERAGE

0.8271 LKR

2024 HUF to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HUF to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.9375. Conversely, the yearly low was recorded on December 18, dropping to 0.7297.

This high-to-low spread represents a total annual volatility of 0.2078 LKR. From a start-to-finish perspective, comparing the January average rate of 0.9168 to the December average rate of 0.7414, the exchange rate registered a net change of -19.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9375 was down 9.62% compared to the 2023 peak of 1.0373, 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 937,547 LKR

2023 Average 930,438 LKR

Yearly Trough Low 729,699 LKR

Transaction Impact: A difference of 207,847.82 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9344

0.7239

JanuMarcMayJulySeptNove

HUF to LKR 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 0.8510, compared to 0.8032 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0478 points.

H1 Avg (Jan–Jun) 0.8510

H2 Avg (Jul–Dec) 0.8032

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0527 LKR (High: 0.9375 / Low: 0.8848). On the other end, December was the most stable month, with a tight range of 0.0179 LKR (High: 0.7476 / Low: 0.7297).

January Spread (Volatile) ±0.0527

December Spread (Stable) ±0.0179

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0508 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0508

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.9168) against the same month in 2023 (average: 0.9994), the exchange rate shifted by -0.0825 (-8.26%).

2024 Avg (January) 0.9168

2023 Avg (January) 0.9994

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9375	0.8848	0.9168
February	0.8959	0.8524	0.8689
March	0.8532	0.8205	0.8391
April	0.8309	0.8060	0.8163
May	0.8539	0.8184	0.8354
June	0.8445	0.8155	0.8293
July	0.8500	0.8276	0.8395
August	0.8541	0.8204	0.8377
September	0.8666	0.8306	0.8466
October	0.8198	0.7799	0.7958
November	0.7842	0.7366	0.7580
December	0.7476	0.7297	0.7414