YEARLY HIGH
22.1426 HUF
YEARLY LOW
18.3511 HUF
YEARLY AVERAGE
19.9651 HUF

2024 NAD to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NAD to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 22.1426. Conversely, the yearly low was recorded on January 17, dropping to 18.3511.

This high-to-low spread represents a total annual volatility of 3.7915 HUF. From a start-to-finish perspective, comparing the January average rate of 18.6434 to the December average rate of 21.5911, the exchange rate registered a net change of 15.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 22.1426 was down 0.82% compared to the 2023 peak of 22.3252, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 110,713 HUF
2023 Average 95,521 HUF
Yearly Trough Low 91,756 HUF
Transaction Impact: A difference of 18,957.57 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

21.8859
18.3486
JanuMarcMayJulySeptNove

NAD 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 19.2749, compared to 20.6553 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3804 points.

H1 Avg (Jan–Jun) 19.2749
H2 Avg (Jul–Dec) 20.6553

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 1.8337 HUF (High: 20.7370 / Low: 18.9033). On the other end, May was the most stable month, with a tight range of 0.4442 HUF (High: 19.6699 / Low: 19.2257).

June Spread (Volatile) ±1.8337
May Spread (Stable) ±0.4442

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0720 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0720

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 21.5911) against the same month in 2023 (average: 18.7107), the exchange rate shifted by +2.8804 (+15.39%).

2024 Avg (December) 21.5911
2023 Avg (December) 18.7107

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.1187 18.3511 18.6434
February 19.1403 18.5738 18.9453
March 19.6149 19.0271 19.2784
April 19.6862 19.1386 19.3933
May 19.6699 19.2257 19.4871
June 20.7370 18.9033 19.9020
July 20.2556 19.5443 19.8301
August 20.1736 19.5029 19.8604
September 20.7535 19.8120 20.1743
October 21.3001 20.6961 20.9882
November 21.7871 21.1551 21.4879
December 22.1426 20.9958 21.5911