YEARLY HIGH
0.2897 RUB
YEARLY LOW
0.2266 RUB
YEARLY AVERAGE
0.2538 RUB

2024 HUF to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HUF to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 0.2897. Conversely, the yearly low was recorded on June 19, dropping to 0.2266.

This high-to-low spread represents a total annual volatility of 0.0630 RUB. From a start-to-finish perspective, comparing the January average rate of 0.2551 to the December average rate of 0.2638, the exchange rate registered a net change of 3.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2897 was up 1.30% compared to the 2023 peak of 0.2859, 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 289,656 RUB
2023 Average 242,488 RUB
Yearly Trough Low 226,634 RUB
Transaction Impact: A difference of 63,021.43 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2661
0.2382
JanuMarcMayJulySeptNove

HUF to RUB 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 0.2520, compared to 0.2557 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.2520
H2 Avg (Jul–Dec) 0.2557

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0402 RUB (High: 0.2897 / Low: 0.2495). On the other end, March was the most stable month, with a tight range of 0.0058 RUB (High: 0.2562 / Low: 0.2504).

November Spread (Volatile) ±0.0402
March Spread (Stable) ±0.0058

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0138 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0138

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.2620) against the same month in 2023 (average: 0.2585), the exchange rate shifted by +0.0035 (+1.34%).

2024 Avg (November) 0.2620
2023 Avg (November) 0.2585

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2642 0.2485 0.2551
February 0.2637 0.2510 0.2555
March 0.2562 0.2504 0.2527
April 0.2585 0.2507 0.2539
May 0.2577 0.2495 0.2544
June 0.2518 0.2266 0.2405
July 0.2477 0.2347 0.2415
August 0.2605 0.2328 0.2486
September 0.2652 0.2465 0.2570
October 0.2665 0.2565 0.2610
November 0.2897 0.2495 0.2620
December 0.2861 0.2524 0.2638