YEARLY HIGH
0.0109 SAR
YEARLY LOW
0.0094 SAR
YEARLY AVERAGE
0.0103 SAR

2024 HUF to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HUF to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.0109. Conversely, the yearly low was recorded on December 19, dropping to 0.0094.

This high-to-low spread represents a total annual volatility of 0.0015 SAR. From a start-to-finish perspective, comparing the January average rate of 0.0107 to the December average rate of 0.0095, the exchange rate registered a net change of -10.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0109 was down 3.55% compared to the 2023 peak of 0.0113, 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 10,876 SAR
2023 Average 10,638 SAR
Yearly Trough Low 9,391 SAR
Transaction Impact: A difference of 1,485.01 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0108
0.0094
JanuMarcMayJulySeptNove

HUF to SAR 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 0.0104, compared to 0.0101 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) 0.0104
H2 Avg (Jul–Dec) 0.0101

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0005 SAR (High: 0.0101 / Low: 0.0095). On the other end, March was the most stable month, with a tight range of 0.0002 SAR (High: 0.0104 / Low: 0.0102).

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: 0.0107) against the same month in 2023 (average: 0.0103), the exchange rate shifted by +0.0004 (+4.34%).

2024 Avg (January) 0.0107
2023 Avg (January) 0.0103

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0109 0.0104 0.0107
February 0.0107 0.0103 0.0104
March 0.0104 0.0102 0.0103
April 0.0104 0.0101 0.0102
May 0.0106 0.0103 0.0105
June 0.0105 0.0101 0.0102
July 0.0105 0.0102 0.0104
August 0.0107 0.0102 0.0105
September 0.0107 0.0104 0.0106
October 0.0104 0.0100 0.0102
November 0.0101 0.0095 0.0098
December 0.0097 0.0094 0.0095