2024 HUF to NIO Historical Review

YEARLY HIGH

0.1063 NIO

YEARLY LOW

0.0920 NIO

YEARLY AVERAGE

0.1007 NIO

2024 HUF to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HUF to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.1063. Conversely, the yearly low was recorded on December 19, dropping to 0.0920.

This high-to-low spread represents a total annual volatility of 0.0143 NIO. From a start-to-finish perspective, comparing the January average rate of 0.1047 to the December average rate of 0.0935, the exchange rate registered a net change of -10.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1063 was down 3.27% compared to the 2023 peak of 0.1099, 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 106,293 NIO

2023 Average 103,650 NIO

Yearly Trough Low 91,995 NIO

Transaction Impact: A difference of 14,298.44 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1058

0.0924

JanuMarcMayJulySeptNove

HUF to NIO 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 0.1020, compared to 0.0995 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.1020

H2 Avg (Jul–Dec) 0.0995

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0054 NIO (High: 0.0985 / Low: 0.0930). On the other end, September was the most stable month, with a tight range of 0.0023 NIO (High: 0.1045 / Low: 0.1022).

November Spread (Volatile) ±0.0054

September Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between 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 0.0043 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1047) against the same month in 2023 (average: 0.0997), the exchange rate shifted by +0.0050 (+4.99%).

2024 Avg (January) 0.1047

2023 Avg (January) 0.0997

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1063	0.1021	0.1047
February	0.1044	0.1012	0.1023
March	0.1022	0.0996	0.1012
April	0.1025	0.0989	0.1005
May	0.1041	0.1008	0.1027
June	0.1027	0.0987	0.1004
July	0.1030	0.1001	0.1018
August	0.1047	0.1002	0.1027
September	0.1045	0.1022	0.1036
October	0.1022	0.0980	0.0998
November	0.0985	0.0930	0.0955
December	0.0946	0.0920	0.0935