YEARLY HIGH
2.6409 HUF
YEARLY LOW
2.2482 HUF
YEARLY AVERAGE
2.4150 HUF

2024 JPY to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JPY to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 2.6409. Conversely, the yearly low was recorded on July 10, dropping to 2.2482.

This high-to-low spread represents a total annual volatility of 0.3928 HUF. From a start-to-finish perspective, comparing the January average rate of 2.3961 to the December average rate of 2.5550, the exchange rate registered a net change of 6.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.6409 was down 8.64% compared to the 2023 peak of 2.8907, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 1,320,468 HUF
2023 Average 1,258,728 HUF
Yearly Trough Low 1,124,093 HUF
Transaction Impact: A difference of 196,375.04 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.5809
2.2701
JanuMarcMayJulySeptNove

JPY 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 2.3705, compared to 2.4594 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0889 points.

H1 Avg (Jan–Jun) 2.3705
H2 Avg (Jul–Dec) 2.4594

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.1822 HUF (High: 2.4304 / Low: 2.2482). On the other end, February was the most stable month, with a tight range of 0.0543 HUF (High: 2.4335 / Low: 2.3793).

July Spread (Volatile) ±0.1822
February Spread (Stable) ±0.0543

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0774 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0774

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.5550) against the same month in 2023 (average: 2.4334), the exchange rate shifted by +0.1215 (+4.99%).

2024 Avg (December) 2.5550
2023 Avg (December) 2.4334

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4557 2.3586 2.3961
February 2.4335 2.3793 2.4025
March 2.4735 2.3894 2.4271
April 2.4252 2.3175 2.3782
May 2.3688 2.2519 2.3007
June 2.3635 2.2845 2.3186
July 2.4304 2.2482 2.2960
August 2.5163 2.4162 2.4493
September 2.5328 2.4173 2.4843
October 2.5022 2.4396 2.4607
November 2.6063 2.4469 2.5112
December 2.6409 2.4943 2.5550