YEARLY HIGH
564.1478 HUF
YEARLY LOW
486.0023 HUF
YEARLY AVERAGE
515.6841 HUF

2024 JOD to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JOD to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 564.1478. Conversely, the yearly low was recorded on January 10, dropping to 486.0023.

This high-to-low spread represents a total annual volatility of 78.1455 HUF. From a start-to-finish perspective, comparing the January average rate of 493.6717 to the December average rate of 554.7420, the exchange rate registered a net change of 12.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 564.1478 was up 5.52% compared to the 2023 peak of 534.6226, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,820,739 HUF
2023 Average 2,488,196 HUF
Yearly Trough Low 2,430,011 HUF
Transaction Impact: A difference of 390,727.48 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

560.8491
487.5647
JanuMarcMayJulySeptNove

JOD 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 508.7842, compared to 522.5839 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.7997 points.

H1 Avg (Jan–Jun) 508.7842
H2 Avg (Jul–Dec) 522.5839

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 29.9525 HUF (High: 557.0441 / Low: 527.0916). On the other end, March was the most stable month, with a tight range of 11.1720 HUF (High: 519.0013 / Low: 507.8293).

November Spread (Volatile) ±29.9525
March Spread (Stable) ±11.1720

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 11.3654 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -11.3654

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 554.7420) against the same month in 2023 (average: 492.7400), the exchange rate shifted by +62.0020 (+12.58%).

2024 Avg (December) 554.7420
2023 Avg (December) 492.7400

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 506.4541 486.0023 493.6717
February 512.7080 496.4749 506.9215
March 519.0013 507.8293 512.7066
April 525.1023 506.3377 516.7845
May 514.0410 499.0223 505.4192
June 524.8554 504.8907 517.2017
July 518.7339 504.2038 510.2309
August 518.3434 496.1197 505.3434
September 508.3034 497.0501 501.4521
October 529.5221 507.5311 520.4398
November 557.0441 527.0916 543.2952
December 564.1478 548.2705 554.7420