YEARLY HIGH
0.0242 HUF
YEARLY LOW
0.0039 HUF
YEARLY AVERAGE
0.0069 HUF

2024 LBP to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LBP to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 0.0242. Conversely, the yearly low was recorded on August 27, dropping to 0.0039.

This high-to-low spread represents a total annual volatility of 0.0203 HUF. From a start-to-finish perspective, comparing the January average rate of 0.0233 to the December average rate of 0.0044, the exchange rate registered a net change of -81.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0242 was down 90.27% compared to the 2023 peak of 0.2487, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 121 HUF
2023 Average 224 HUF
Yearly Trough Low 20 HUF
Transaction Impact: A difference of 101.31 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0252
0.0020
JanuMarcMayJulySeptNove

LBP 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 0.0097, compared to 0.0041 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0055 points.

H1 Avg (Jan–Jun) 0.0097
H2 Avg (Jul–Dec) 0.0041

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0202 HUF (High: 0.0242 / Low: 0.0040). On the other end, September was the most stable month, with a tight range of 0.0001 HUF (High: 0.0040 / Low: 0.0039).

February Spread (Volatile) ±0.0202
September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between 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 February and March, when the average rate fell by 0.0143 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0143

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0184) against the same month in 2023 (average: 0.0617), the exchange rate shifted by -0.0433 (-70.17%).

2024 Avg (February) 0.0184
2023 Avg (February) 0.0617

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0239 0.0229 0.0233
February 0.0242 0.0040 0.0184
March 0.0041 0.0040 0.0041
April 0.0042 0.0040 0.0041
May 0.0041 0.0040 0.0040
June 0.0042 0.0040 0.0041
July 0.0041 0.0040 0.0040
August 0.0041 0.0039 0.0040
September 0.0040 0.0039 0.0040
October 0.0042 0.0040 0.0041
November 0.0044 0.0042 0.0043
December 0.0045 0.0043 0.0044