YEARLY HIGH
2.9387 HUF
YEARLY LOW
2.5935 HUF
YEARLY AVERAGE
2.7311 HUF

2024 NPR to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NPR to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 2.9387. Conversely, the yearly low was recorded on January 8, dropping to 2.5935.

This high-to-low spread represents a total annual volatility of 0.3452 HUF. From a start-to-finish perspective, comparing the January average rate of 2.6341 to the December average rate of 2.8954, the exchange rate registered a net change of 9.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.9387 was up 2.66% compared to the 2023 peak of 2.8626, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,693 HUF
2023 Average 13,361 HUF
Yearly Trough Low 12,967 HUF
Transaction Impact: A difference of 1,725.84 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.9215
2.6080
JanuMarcMayJulySeptNove

NPR 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 2.7094, compared to 2.7529 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0435 points.

H1 Avg (Jan–Jun) 2.7094
H2 Avg (Jul–Dec) 2.7529

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.1490 HUF (High: 2.9256 / Low: 2.7766). On the other end, September was the most stable month, with a tight range of 0.0477 HUF (High: 2.6801 / Low: 2.6324).

November Spread (Volatile) ±0.1490
September Spread (Stable) ±0.0477

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 0.0606 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0606

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.8954) against the same month in 2023 (average: 2.6221), the exchange rate shifted by +0.2732 (+10.42%).

2024 Avg (December) 2.8954
2023 Avg (December) 2.6221

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.7012 2.5935 2.6341
February 2.7426 2.6548 2.7065
March 2.7661 2.7076 2.7376
April 2.7830 2.7003 2.7468
May 2.7201 2.6561 2.6861
June 2.7902 2.6838 2.7451
July 2.7525 2.6718 2.7044
August 2.7468 2.6187 2.6705
September 2.6801 2.6324 2.6498
October 2.7945 2.6843 2.7421
November 2.9256 2.7766 2.8551
December 2.9387 2.8655 2.8954