2024 HUF to PHP Historical Review

YEARLY HIGH

0.1645 PHP

YEARLY LOW

0.1464 PHP

YEARLY AVERAGE

0.1568 PHP

2024 HUF to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HUF to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 0.1645. Conversely, the yearly low was recorded on December 31, dropping to 0.1464.

This high-to-low spread represents a total annual volatility of 0.0181 PHP. From a start-to-finish perspective, comparing the January average rate of 0.1598 to the December average rate of 0.1485, the exchange rate registered a net change of -7.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1645 was down 1.12% compared to the 2023 peak of 0.1664, 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 164,532 PHP

2023 Average 157,697 PHP

Yearly Trough Low 146,439 PHP

Transaction Impact: A difference of 18,093.44 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1630

0.1472

JanuMarcMayJulySeptNove

HUF to PHP 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 0.1578, compared to 0.1559 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.1578

H2 Avg (Jul–Dec) 0.1559

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0070 PHP (High: 0.1562 / Low: 0.1492). On the other end, August was the most stable month, with a tight range of 0.0028 PHP (High: 0.1605 / Low: 0.1577).

November Spread (Volatile) ±0.0070

August Spread (Stable) ±0.0028

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 January and February, when the average rate fell by 0.0039 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.1613) against the same month in 2023 (average: 0.1627), the exchange rate shifted by -0.0014 (-0.88%).

2024 Avg (May) 0.1613

2023 Avg (May) 0.1627

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1629	0.1570	0.1598
February	0.1590	0.1546	0.1559
March	0.1556	0.1521	0.1538
April	0.1579	0.1530	0.1557
May	0.1645	0.1576	0.1613
June	0.1639	0.1578	0.1602
July	0.1633	0.1599	0.1617
August	0.1605	0.1577	0.1591
September	0.1593	0.1562	0.1577
October	0.1572	0.1540	0.1558
November	0.1562	0.1492	0.1524
December	0.1513	0.1464	0.1485