YEARLY HIGH
0.1035 THB
YEARLY LOW
0.0860 THB
YEARLY AVERAGE
0.0966 THB

2024 HUF to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HUF to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 0.1035. Conversely, the yearly low was recorded on December 21, dropping to 0.0860.

This high-to-low spread represents a total annual volatility of 0.0176 THB. From a start-to-finish perspective, comparing the January average rate of 0.1004 to the December average rate of 0.0868, the exchange rate registered a net change of -13.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1035 was down 1.04% compared to the 2023 peak of 0.1046, 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 103,526 THB
2023 Average 98,578 THB
Yearly Trough Low 85,954 THB
Transaction Impact: A difference of 17,572.44 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1037
0.0853
JanuMarcMayJulySeptNove

HUF to THB 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 0.1003, compared to 0.0929 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0074 points.

H1 Avg (Jan–Jun) 0.1003
H2 Avg (Jul–Dec) 0.0929

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0055 THB (High: 0.0964 / Low: 0.0909). On the other end, February was the most stable month, with a tight range of 0.0017 THB (High: 0.1004 / Low: 0.0987).

September Spread (Volatile) ±0.0055
February Spread (Stable) ±0.0017

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 August and September, when the average rate fell by 0.0033 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.1022) against the same month in 2023 (average: 0.0997), the exchange rate shifted by +0.0025 (+2.47%).

2024 Avg (May) 0.1022
2023 Avg (May) 0.0997

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1019 0.0982 0.1004
February 0.1004 0.0987 0.0997
March 0.1001 0.0979 0.0989
April 0.1023 0.0984 0.1004
May 0.1035 0.1013 0.1022
June 0.1024 0.0985 0.1001
July 0.1015 0.0975 0.1002
August 0.0980 0.0956 0.0969
September 0.0964 0.0909 0.0936
October 0.0923 0.0898 0.0905
November 0.0907 0.0873 0.0893
December 0.0877 0.0860 0.0868