2024 ILS to HUF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 ILS to HUF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the ILS to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 111.3854. Conversely, the yearly low was recorded on January 17, dropping to 92.0378.
This high-to-low spread represents a total annual volatility of 19.3476 HUF. From a start-to-finish perspective, comparing the January average rate of 94.4532 to the December average rate of 108.5886, the exchange rate registered a net change of 14.97% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 111.3854 was up 2.86% compared to the 2023 peak of 108.2858, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ILS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
ILS to HUF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 97.6000, compared to 100.0208 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4208 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 7.8933 HUF (High: 107.6527 / Low: 99.7594). On the other end, May was the most stable month, with a tight range of 1.8102 HUF (High: 97.8659 / Low: 96.0557).
Growth Streaks & Declines
TrendsBetween September and December, 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 March and April, when the average rate fell by 2.6066 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 108.5886) against the same month in 2023 (average: 95.4084), the exchange rate shifted by +13.1802 (+13.81%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 98.2367 | 92.0378 | 94.4532 |
| February | 101.7679 | 96.1800 | 98.6501 |
| March | 101.9657 | 98.0413 | 100.0610 |
| April | 99.9718 | 95.6884 | 97.4543 |
| May | 97.8659 | 96.0557 | 96.7796 |
| June | 99.9425 | 95.9296 | 98.2016 |
| July | 99.6808 | 96.8070 | 98.4632 |
| August | 98.0210 | 94.4772 | 96.2410 |
| September | 97.9684 | 93.1168 | 95.2692 |
| October | 101.4695 | 95.6685 | 97.9716 |
| November | 107.6527 | 99.7594 | 103.5910 |
| December | 111.3854 | 106.9347 | 108.5886 |