2024 MXN to HUF Historical Review

YEARLY HIGH

22.1978 HUF

YEARLY LOW

17.7716 HUF

YEARLY AVERAGE

20.0397 HUF

2024 MXN to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MXN to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 22.1978. Conversely, the yearly low was recorded on August 27, dropping to 17.7716.

This high-to-low spread represents a total annual volatility of 4.4262 HUF. From a start-to-finish perspective, comparing the January average rate of 20.5314 to the December average rate of 19.4269, the exchange rate registered a net change of -5.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 22.1978 was up 4.33% compared to the 2023 peak of 21.2757, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 1,109,888 HUF

2023 Average 996,013 HUF

Yearly Trough Low 888,579 HUF

Transaction Impact: A difference of 221,308.76 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

22.1576

17.7702

JanuMarcMayJulySeptNove

MXN 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 21.0872, compared to 18.9922 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.0950 points.

H1 Avg (Jan–Jun) 21.0872

H2 Avg (Jul–Dec) 18.9922

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 1.6820 HUF (High: 21.1553 / Low: 19.4733). On the other end, May was the most stable month, with a tight range of 0.3815 HUF (High: 21.4678 / Low: 21.0863).

June Spread (Volatile) ±1.6820

May Spread (Stable) ±0.3815

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 July and August, when the average rate fell by 1.2721 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.2721

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 21.7920) against the same month in 2023 (average: 18.9591), the exchange rate shifted by +2.8328 (+14.94%).

2024 Avg (April) 21.7920

2023 Avg (April) 18.9591

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.8582	20.2657	20.5314
February	21.3200	20.6146	21.0328
March	22.0841	21.3665	21.6771
April	22.1978	21.3012	21.7920
May	21.4678	21.0863	21.3272
June	21.1553	19.4733	20.1629
July	20.3919	19.4662	19.9781
August	19.4027	17.7716	18.7061
September	18.5990	17.7726	18.1358
October	19.0319	18.3208	18.7485
November	19.3357	18.5520	18.9577
December	19.7750	19.0495	19.4269