YEARLY HIGH
0.1178 HUF
YEARLY LOW
0.0999 HUF
YEARLY AVERAGE
0.1067 HUF

2024 MNT to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MNT to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.1178. Conversely, the yearly low was recorded on January 10, dropping to 0.0999.

This high-to-low spread represents a total annual volatility of 0.0178 HUF. From a start-to-finish perspective, comparing the January average rate of 0.1015 to the December average rate of 0.1158, the exchange rate registered a net change of 14.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1178 was up 5.71% compared to the 2023 peak of 0.1114, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 589 HUF
2023 Average 510 HUF
Yearly Trough Low 500 HUF
Transaction Impact: A difference of 89.14 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1172
0.1001
JanuMarcMayJulySeptNove

MNT 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 0.1046, compared to 0.1088 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0043 points.

H1 Avg (Jan–Jun) 0.1046
H2 Avg (Jul–Dec) 0.1088

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0063 HUF (High: 0.1162 / Low: 0.1100). On the other end, March was the most stable month, with a tight range of 0.0023 HUF (High: 0.1066 / Low: 0.1043).

November Spread (Volatile) ±0.0063
March Spread (Stable) ±0.0023

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 0.0023 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1158) against the same month in 2023 (average: 0.1013), the exchange rate shifted by +0.0145 (+14.27%).

2024 Avg (December) 0.1158
2023 Avg (December) 0.1013

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1041 0.0999 0.1015
February 0.1054 0.1021 0.1042
March 0.1066 0.1043 0.1054
April 0.1079 0.1040 0.1062
May 0.1056 0.1025 0.1038
June 0.1078 0.1037 0.1063
July 0.1075 0.1036 0.1053
August 0.1081 0.1035 0.1054
September 0.1060 0.1036 0.1046
October 0.1105 0.1059 0.1086
November 0.1162 0.1100 0.1134
December 0.1178 0.1145 0.1158