2024 HUF to MAD Historical Review

YEARLY HIGH

0.0289 MAD

YEARLY LOW

0.0250 MAD

YEARLY AVERAGE

0.0272 MAD

2024 HUF to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HUF to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.0289. Conversely, the yearly low was recorded on December 18, dropping to 0.0250.

This high-to-low spread represents a total annual volatility of 0.0039 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0284 to the December average rate of 0.0255, the exchange rate registered a net change of -10.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0289 was down 3.68% compared to the 2023 peak of 0.0300, 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 28,884 MAD

2023 Average 28,695 MAD

Yearly Trough Low 25,002 MAD

Transaction Impact: A difference of 3,881.61 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0287

0.0252

JanuMarcMayJulySeptNove

HUF to MAD 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 0.0278, compared to 0.0266 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0278

H2 Avg (Jul–Dec) 0.0266

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0012 MAD (High: 0.0289 / Low: 0.0277). On the other end, July was the most stable month, with a tight range of 0.0004 MAD (High: 0.0275 / Low: 0.0270).

January Spread (Volatile) ±0.0012

July Spread (Stable) ±0.0004

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 October and November, when the average rate fell by 0.0009 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0284) against the same month in 2023 (average: 0.0280), the exchange rate shifted by +0.0005 (+1.65%).

2024 Avg (January) 0.0284

2023 Avg (January) 0.0280

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0289	0.0277	0.0284
February	0.0284	0.0278	0.0280
March	0.0279	0.0273	0.0277
April	0.0280	0.0272	0.0276
May	0.0282	0.0277	0.0279
June	0.0279	0.0267	0.0272
July	0.0275	0.0270	0.0273
August	0.0275	0.0268	0.0272
September	0.0276	0.0271	0.0274
October	0.0271	0.0262	0.0267
November	0.0264	0.0255	0.0258
December	0.0257	0.0250	0.0255