2024 HUF to QAR Historical Review

YEARLY HIGH

0.0106 QAR

YEARLY LOW

0.0091 QAR

YEARLY AVERAGE

0.0100 QAR

2024 HUF to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HUF to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.0106. Conversely, the yearly low was recorded on December 19, dropping to 0.0091.

This high-to-low spread represents a total annual volatility of 0.0014 QAR. From a start-to-finish perspective, comparing the January average rate of 0.0104 to the December average rate of 0.0093, the exchange rate registered a net change of -11.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0106 was down 3.48% compared to the 2023 peak of 0.0109, 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 10,569 QAR

2023 Average 10,331 QAR

Yearly Trough Low 9,123 QAR

Transaction Impact: A difference of 1,446.24 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0105

0.0091

JanuMarcMayJulySeptNove

HUF to QAR 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 0.0101, compared to 0.0098 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0101

H2 Avg (Jul–Dec) 0.0098

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0005 QAR (High: 0.0097 / Low: 0.0092). On the other end, March was the most stable month, with a tight range of 0.0002 QAR (High: 0.0101 / Low: 0.0099).

November Spread (Volatile) ±0.0005

March Spread (Stable) ±0.0002

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 0.0004 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0104) against the same month in 2023 (average: 0.0100), the exchange rate shifted by +0.0004 (+4.48%).

2024 Avg (January) 0.0104

2023 Avg (January) 0.0100

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0106	0.0101	0.0104
February	0.0103	0.0100	0.0101
March	0.0101	0.0099	0.0100
April	0.0101	0.0098	0.0099
May	0.0103	0.0100	0.0102
June	0.0102	0.0098	0.0099
July	0.0102	0.0099	0.0101
August	0.0104	0.0099	0.0102
September	0.0104	0.0101	0.0103
October	0.0101	0.0097	0.0099
November	0.0097	0.0092	0.0095
December	0.0094	0.0091	0.0093