YEARLY HIGH
0.7261 YER
YEARLY LOW
0.6244 YER
YEARLY AVERAGE
0.6854 YER

2024 HUF to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HUF to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.7261. Conversely, the yearly low was recorded on December 19, dropping to 0.6244.

This high-to-low spread represents a total annual volatility of 0.1017 YER. From a start-to-finish perspective, comparing the January average rate of 0.7149 to the December average rate of 0.6356, the exchange rate registered a net change of -11.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7261 was down 3.45% compared to the 2023 peak of 0.7521, 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 726,136 YER
2023 Average 709,809 YER
Yearly Trough Low 624,447 YER
Transaction Impact: A difference of 101,689.09 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7229
0.6277
JanuMarcMayJulySeptNove

HUF to YER 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 0.6942, compared to 0.6765 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0177 points.

H1 Avg (Jan–Jun) 0.6942
H2 Avg (Jul–Dec) 0.6765

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0357 YER (High: 0.6684 / Low: 0.6327). On the other end, March was the most stable month, with a tight range of 0.0148 YER (High: 0.6954 / Low: 0.6806).

November Spread (Volatile) ±0.0357
March Spread (Stable) ±0.0148

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 0.0299 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0299

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.7149) against the same month in 2023 (average: 0.6841), the exchange rate shifted by +0.0309 (+4.51%).

2024 Avg (January) 0.7149
2023 Avg (January) 0.6841

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7261 0.6971 0.7149
February 0.7109 0.6886 0.6963
March 0.6954 0.6806 0.6888
April 0.6976 0.6727 0.6836
May 0.7077 0.6872 0.6986
June 0.6997 0.6728 0.6831
July 0.7005 0.6809 0.6924
August 0.7120 0.6815 0.6991
September 0.7108 0.6950 0.7045
October 0.6960 0.6665 0.6787
November 0.6684 0.6327 0.6488
December 0.6426 0.6244 0.6356