YEARLY HIGH
64.6280 STD
YEARLY LOW
55.6836 STD
YEARLY AVERAGE
61.0169 STD

2024 HUF to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HUF to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 64.6280. Conversely, the yearly low was recorded on December 19, dropping to 55.6836.

This high-to-low spread represents a total annual volatility of 8.9444 STD. From a start-to-finish perspective, comparing the January average rate of 63.6325 to the December average rate of 56.6365, the exchange rate registered a net change of -10.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 64.6280 was down 5.79% compared to the 2023 peak of 68.5972, 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 64,628,013 STD
2023 Average 64,064,384 STD
Yearly Trough Low 55,683,619 STD
Transaction Impact: A difference of 8,944,394.24 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

64.3321
55.9369
JanuMarcMayJulySeptNove

HUF to STD 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 61.7927, compared to 60.2411 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5516 points.

H1 Avg (Jan–Jun) 61.7927
H2 Avg (Jul–Dec) 60.2411

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 3.2055 STD (High: 59.6152 / Low: 56.4096). On the other end, March was the most stable month, with a tight range of 1.3323 STD (High: 61.8939 / Low: 60.5615).

November Spread (Volatile) ±3.2055
March Spread (Stable) ±1.3323

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 2.5631 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.5631

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 63.6325) against the same month in 2023 (average: 62.3700), the exchange rate shifted by +1.2625 (+2.02%).

2024 Avg (January) 63.6325
2023 Avg (January) 62.3700

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 64.6280 62.0269 63.6325
February 63.2826 61.2963 61.9904
March 61.8939 60.5615 61.3062
April 62.0762 59.8748 60.8368
May 62.9862 61.1632 62.1990
June 62.2541 59.8860 60.7914
July 62.3565 60.6013 61.6222
August 63.3726 60.6555 62.2255
September 63.2718 61.8536 62.7033
October 61.9477 59.3248 60.4112
November 59.6152 56.4096 57.8481
December 57.2881 55.6836 56.6365