YEARLY HIGH
0.1069 SRD
YEARLY LOW
0.0785 SRD
YEARLY AVERAGE
0.0907 SRD

2024 HUF to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HUF to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.1069. Conversely, the yearly low was recorded on August 1, dropping to 0.0785.

This high-to-low spread represents a total annual volatility of 0.0285 SRD. From a start-to-finish perspective, comparing the January average rate of 0.1048 to the December average rate of 0.0895, the exchange rate registered a net change of -14.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1069 was down 6.94% compared to the 2023 peak of 0.1149, 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 106,932 SRD
2023 Average 103,886 SRD
Yearly Trough Low 78,470 SRD
Transaction Impact: A difference of 28,461.83 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1072
0.0780
JanuMarcMayJulySeptNove

HUF to SRD 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 0.0956, compared to 0.0859 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0097 points.

H1 Avg (Jan–Jun) 0.0956
H2 Avg (Jul–Dec) 0.0859

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0075 SRD (High: 0.0901 / Low: 0.0826). On the other end, December was the most stable month, with a tight range of 0.0026 SRD (High: 0.0906 / Low: 0.0880).

June Spread (Volatile) ±0.0075
December Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between August and November, 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 May and June, when the average rate fell by 0.0055 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1048) against the same month in 2023 (average: 0.0869), the exchange rate shifted by +0.0178 (+20.50%).

2024 Avg (January) 0.1048
2023 Avg (January) 0.0869

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1069 0.1023 0.1048
February 0.1043 0.0971 0.1006
March 0.0986 0.0954 0.0969
April 0.0972 0.0923 0.0945
May 0.0930 0.0894 0.0910
June 0.0901 0.0826 0.0856
July 0.0843 0.0794 0.0821
August 0.0820 0.0785 0.0804
September 0.0864 0.0807 0.0836
October 0.0916 0.0842 0.0881
November 0.0934 0.0899 0.0913
December 0.0906 0.0880 0.0895