YEARLY HIGH
22.1597 PYG
YEARLY LOW
19.5258 PYG
YEARLY AVERAGE
20.6870 PYG

2024 HUF to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HUF to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 22.1597. Conversely, the yearly low was recorded on December 19, dropping to 19.5258.

This high-to-low spread represents a total annual volatility of 2.6338 PYG. From a start-to-finish perspective, comparing the January average rate of 20.7954 to the December average rate of 19.8429, the exchange rate registered a net change of -4.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 22.1597 was up 1.37% compared to the 2023 peak of 21.8604, 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 22,159,651 PYG
2023 Average 20,662,707 PYG
Yearly Trough Low 19,525,808 PYG
Transaction Impact: A difference of 2,633,842.94 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

22.0402
19.6432
JanuMarcMayJulySeptNove

HUF to PYG 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 20.4774, compared to 20.8965 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4190 points.

H1 Avg (Jan–Jun) 20.4774
H2 Avg (Jul–Dec) 20.8965

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 1.2685 PYG (High: 21.0272 / Low: 19.7587). On the other end, March was the most stable month, with a tight range of 0.4342 PYG (High: 20.2802 / Low: 19.8461).

November Spread (Volatile) ±1.2685
March Spread (Stable) ±0.4342

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 1.0362 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.0362

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 21.8405) against the same month in 2023 (average: 20.0920), the exchange rate shifted by +1.7484 (+8.70%).

2024 Avg (September) 21.8405
2023 Avg (September) 20.0920

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.1308 20.2911 20.7954
February 20.6420 20.0557 20.2685
March 20.2802 19.8461 20.1246
April 20.4988 19.8897 20.1949
May 21.2995 20.5685 20.9376
June 21.0164 20.1657 20.5437
July 21.1588 20.5040 20.8782
August 21.6639 20.5809 21.1695
September 22.1597 21.4577 21.8405
October 21.6491 21.0467 21.3420
November 21.0272 19.7587 20.3058
December 20.1014 19.5258 19.8429