2024 JMD to HUF Historical Review

YEARLY HIGH

2.5584 HUF

YEARLY LOW

2.2284 HUF

YEARLY AVERAGE

2.3379 HUF

2024 JMD to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JMD to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 2.5584. Conversely, the yearly low was recorded on January 11, dropping to 2.2284.

This high-to-low spread represents a total annual volatility of 0.3299 HUF. From a start-to-finish perspective, comparing the January average rate of 2.2585 to the December average rate of 2.5154, the exchange rate registered a net change of 11.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.5584 was up 1.79% compared to the 2023 peak of 2.5132, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 JMD based on timing:

Yearly Peak High 12,792 HUF

2023 Average 11,455 HUF

Yearly Trough Low 11,142 HUF

Transaction Impact: A difference of 1,649.66 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.5411

2.2328

JanuMarcMayJulySeptNove

JMD to HUF 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 2.3196, compared to 2.3561 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0364 points.

H1 Avg (Jan–Jun) 2.3196

H2 Avg (Jul–Dec) 2.3561

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.1236 HUF (High: 2.4870 / Low: 2.3634). On the other end, September was the most stable month, with a tight range of 0.0651 HUF (High: 2.2979 / Low: 2.2329).

November Spread (Volatile) ±0.1236

September Spread (Stable) ±0.0651

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0695 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0695

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.5154) against the same month in 2023 (average: 2.2506), the exchange rate shifted by +0.2647 (+11.76%).

2024 Avg (December) 2.5154

2023 Avg (December) 2.2506

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3112	2.2284	2.2585
February	2.3294	2.2635	2.2986
March	2.4019	2.3216	2.3515
April	2.3967	2.3205	2.3620
May	2.3352	2.2631	2.2924
June	2.3965	2.3051	2.3549
July	2.3630	2.2853	2.3126
August	2.3521	2.2405	2.2858
September	2.2979	2.2329	2.2626
October	2.3743	2.2868	2.3291
November	2.4870	2.3634	2.4309
December	2.5584	2.4814	2.5154