2024 HUF to MXN Historical Review

YEARLY HIGH

0.0563 MXN

YEARLY LOW

0.0450 MXN

YEARLY AVERAGE

0.0501 MXN

2024 HUF to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HUF to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 0.0563. Conversely, the yearly low was recorded on April 15, dropping to 0.0450.

This high-to-low spread represents a total annual volatility of 0.0112 MXN. From a start-to-finish perspective, comparing the January average rate of 0.0487 to the December average rate of 0.0515, the exchange rate registered a net change of 5.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0563 was up 4.93% compared to the 2023 peak of 0.0536, 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 56,270 MXN

2023 Average 50,253 MXN

Yearly Trough Low 45,050 MXN

Transaction Impact: A difference of 11,220.01 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0561

0.0450

JanuMarcMayJulySeptNove

HUF to MXN 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 0.0475, compared to 0.0527 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0052 points.

H1 Avg (Jan–Jun) 0.0475

H2 Avg (Jul–Dec) 0.0527

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0047 MXN (High: 0.0563 / Low: 0.0515). On the other end, May was the most stable month, with a tight range of 0.0008 MXN (High: 0.0474 / Low: 0.0466).

August Spread (Volatile) ±0.0047

May Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0018 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0535) against the same month in 2023 (average: 0.0481), the exchange rate shifted by +0.0054 (+11.16%).

2024 Avg (August) 0.0535

2023 Avg (August) 0.0481

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0493	0.0479	0.0487
February	0.0485	0.0469	0.0475
March	0.0468	0.0453	0.0461
April	0.0469	0.0450	0.0459
May	0.0474	0.0466	0.0469
June	0.0514	0.0473	0.0496
July	0.0514	0.0490	0.0501
August	0.0563	0.0515	0.0535
September	0.0563	0.0538	0.0551
October	0.0546	0.0525	0.0533
November	0.0539	0.0517	0.0528
December	0.0525	0.0506	0.0515