YEARLY HIGH
0.1178 UAH
YEARLY LOW
0.1042 UAH
YEARLY AVERAGE
0.1099 UAH

2024 HUF to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HUF to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on September 20, valuing the pair at 0.1178. Conversely, the yearly low was recorded on February 8, dropping to 0.1042.

This high-to-low spread represents a total annual volatility of 0.0136 UAH. From a start-to-finish perspective, comparing the January average rate of 0.1081 to the December average rate of 0.1062, the exchange rate registered a net change of -1.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1178 was up 6.08% compared to the 2023 peak of 0.1110, 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 117,769 UAH
2023 Average 104,348 UAH
Yearly Trough Low 104,155 UAH
Transaction Impact: A difference of 13,614.26 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1172
0.1047
JanuMarcMayJulySeptNove

HUF to UAH 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 0.1082, compared to 0.1117 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.1082
H2 Avg (Jul–Dec) 0.1117

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0062 UAH (High: 0.1110 / Low: 0.1048). On the other end, April was the most stable month, with a tight range of 0.0023 UAH (High: 0.1086 / Low: 0.1063).

November Spread (Volatile) ±0.0062
April Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between February and May, 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 0.0044 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.1161) against the same month in 2023 (average: 0.1020), the exchange rate shifted by +0.0142 (+13.90%).

2024 Avg (September) 0.1161
2023 Avg (September) 0.1020

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1109 0.1053 0.1081
February 0.1079 0.1042 0.1057
March 0.1087 0.1047 0.1065
April 0.1086 0.1063 0.1075
May 0.1143 0.1084 0.1109
June 0.1129 0.1090 0.1105
July 0.1161 0.1105 0.1134
August 0.1176 0.1120 0.1150
September 0.1178 0.1144 0.1161
October 0.1148 0.1097 0.1119
November 0.1110 0.1048 0.1075
December 0.1073 0.1049 0.1062