YEARLY HIGH
0.0078 XCD
YEARLY LOW
0.0068 XCD
YEARLY AVERAGE
0.0074 XCD

2024 HUF to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HUF to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.0078. Conversely, the yearly low was recorded on December 19, dropping to 0.0068.

This high-to-low spread represents a total annual volatility of 0.0011 XCD. From a start-to-finish perspective, comparing the January average rate of 0.0077 to the December average rate of 0.0069, 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 0.0078 was down 3.49% compared to the 2023 peak of 0.0081, 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 7,839 XCD
2023 Average 7,663 XCD
Yearly Trough Low 6,754 XCD
Transaction Impact: A difference of 1,084.86 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0078
0.0068
JanuMarcMayJulySeptNove

HUF to XCD 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 0.0075, compared to 0.0073 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0075
H2 Avg (Jul–Dec) 0.0073

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0004 XCD (High: 0.0072 / Low: 0.0068). On the other end, March was the most stable month, with a tight range of 0.0002 XCD (High: 0.0075 / Low: 0.0073).

November Spread (Volatile) ±0.0004
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 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0077) against the same month in 2023 (average: 0.0074), the exchange rate shifted by +0.0003 (+4.51%).

2024 Avg (January) 0.0077
2023 Avg (January) 0.0074

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0078 0.0075 0.0077
February 0.0077 0.0074 0.0075
March 0.0075 0.0073 0.0074
April 0.0075 0.0073 0.0074
May 0.0076 0.0074 0.0075
June 0.0076 0.0073 0.0074
July 0.0076 0.0074 0.0075
August 0.0077 0.0074 0.0075
September 0.0077 0.0075 0.0076
October 0.0075 0.0072 0.0073
November 0.0072 0.0068 0.0070
December 0.0069 0.0068 0.0069