YEARLY HIGH
0.0132 RON
YEARLY LOW
0.0120 RON
YEARLY AVERAGE
0.0126 RON

2024 HUF to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HUF to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.0132. Conversely, the yearly low was recorded on December 19, dropping to 0.0120.

This high-to-low spread represents a total annual volatility of 0.0012 RON. From a start-to-finish perspective, comparing the January average rate of 0.0130 to the December average rate of 0.0121, the exchange rate registered a net change of -7.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0132 was down 2.17% compared to the 2023 peak of 0.0135, 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 13,168 RON
2023 Average 12,966 RON
Yearly Trough Low 11,998 RON
Transaction Impact: A difference of 1,169.92 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0131
0.0120
JanuMarcMayJulySeptNove

HUF to RON 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 0.0128, compared to 0.0124 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) 0.0128
H2 Avg (Jul–Dec) 0.0124

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0004 RON (High: 0.0132 / Low: 0.0128). On the other end, September was the most stable month, with a tight range of 0.0002 RON (High: 0.0127 / Low: 0.0125).

January Spread (Volatile) ±0.0004
September Spread (Stable) ±0.0002

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 February and March, 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 (January 2024: 0.0130) against the same month in 2023 (average: 0.0125), the exchange rate shifted by +0.0005 (+4.34%).

2024 Avg (January) 0.0130
2023 Avg (January) 0.0125

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0132 0.0128 0.0130
February 0.0130 0.0126 0.0128
March 0.0127 0.0125 0.0126
April 0.0128 0.0126 0.0127
May 0.0130 0.0127 0.0128
June 0.0128 0.0125 0.0126
July 0.0128 0.0126 0.0127
August 0.0127 0.0125 0.0126
September 0.0127 0.0125 0.0126
October 0.0125 0.0122 0.0124
November 0.0123 0.0120 0.0122
December 0.0122 0.0120 0.0121