YEARLY HIGH
0.0047 NZD
YEARLY LOW
0.0043 NZD
YEARLY AVERAGE
0.0045 NZD

2024 HUF to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HUF to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 28, valuing the pair at 0.0047. Conversely, the yearly low was recorded on December 2, dropping to 0.0043.

This high-to-low spread represents a total annual volatility of 0.0004 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0046 to the December average rate of 0.0044, the exchange rate registered a net change of -4.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0047 was down 2.54% compared to the 2023 peak of 0.0048, 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 4,716 NZD
2023 Average 4,619 NZD
Yearly Trough Low 4,304 NZD
Transaction Impact: A difference of 412.14 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0046
0.0044
JanuMarcMayJulySeptNove

HUF to NZD 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 0.0046, compared to 0.0045 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0046
H2 Avg (Jul–Dec) 0.0045

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0002 NZD (High: 0.0047 / Low: 0.0045). On the other end, April was the most stable month, with a tight range of 0.0001 NZD (High: 0.0046 / Low: 0.0046).

July Spread (Volatile) ±0.0002
April Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.0046) against the same month in 2023 (average: 0.0047), the exchange rate shifted by -0.0001 (-2.13%).

2024 Avg (July) 0.0046
2023 Avg (July) 0.0047

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0047 0.0045 0.0046
February 0.0046 0.0045 0.0045
March 0.0046 0.0045 0.0045
April 0.0046 0.0046 0.0046
May 0.0046 0.0045 0.0046
June 0.0045 0.0044 0.0044
July 0.0047 0.0045 0.0046
August 0.0046 0.0045 0.0046
September 0.0046 0.0044 0.0045
October 0.0045 0.0044 0.0045
November 0.0045 0.0043 0.0044
December 0.0045 0.0043 0.0044