YEARLY HIGH
0.0512 HUF
YEARLY LOW
0.0451 HUF
YEARLY AVERAGE
0.0484 HUF

2024 PYG to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PYG to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.0512. Conversely, the yearly low was recorded on September 20, dropping to 0.0451.

This high-to-low spread represents a total annual volatility of 0.0061 HUF. From a start-to-finish perspective, comparing the January average rate of 0.0481 to the December average rate of 0.0504, the exchange rate registered a net change of 4.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0512 was down 2.37% compared to the 2023 peak of 0.0525, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 256 HUF
2023 Average 242 HUF
Yearly Trough Low 226 HUF
Transaction Impact: A difference of 30.44 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0509
0.0453
JanuMarcMayJulySeptNove

PYG 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 0.0488, compared to 0.0479 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0488
H2 Avg (Jul–Dec) 0.0479

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0031 HUF (High: 0.0506 / Low: 0.0476). On the other end, March was the most stable month, with a tight range of 0.0011 HUF (High: 0.0504 / Low: 0.0493).

November Spread (Volatile) ±0.0031
March Spread (Stable) ±0.0011

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 April and May, when the average rate fell by 0.0018 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0504) against the same month in 2023 (average: 0.0475), the exchange rate shifted by +0.0029 (+6.09%).

2024 Avg (December) 0.0504
2023 Avg (December) 0.0475

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0493 0.0473 0.0481
February 0.0499 0.0484 0.0493
March 0.0504 0.0493 0.0497
April 0.0503 0.0488 0.0495
May 0.0486 0.0469 0.0478
June 0.0496 0.0476 0.0487
July 0.0488 0.0473 0.0479
August 0.0486 0.0462 0.0472
September 0.0466 0.0451 0.0458
October 0.0475 0.0462 0.0469
November 0.0506 0.0476 0.0493
December 0.0512 0.0497 0.0504