2024 QAR to HUF Historical Review

YEARLY HIGH

109.6181 HUF

YEARLY LOW

94.6179 HUF

YEARLY AVERAGE

100.3571 HUF

2024 QAR to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 109.6181. Conversely, the yearly low was recorded on January 11, dropping to 94.6179.

This high-to-low spread represents a total annual volatility of 15.0002 HUF. From a start-to-finish perspective, comparing the January average rate of 96.1315 to the December average rate of 108.0052, the exchange rate registered a net change of 12.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 109.6181 was up 5.24% compared to the 2023 peak of 104.1624, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 548,091 HUF

2023 Average 484,362 HUF

Yearly Trough Low 473,090 HUF

Transaction Impact: A difference of 75,000.95 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

109.1926

94.9442

JanuMarcMayJulySeptNove

QAR 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 99.0150, compared to 101.6992 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.6843 points.

H1 Avg (Jan–Jun) 99.0150

H2 Avg (Jul–Dec) 101.6992

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 5.8595 HUF (High: 108.4990 / Low: 102.6395). On the other end, September was the most stable month, with a tight range of 2.3438 HUF (High: 98.9139 / Low: 96.5701).

November Spread (Volatile) ±5.8595

September Spread (Stable) ±2.3438

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 2.2211 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.2211

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 108.0052) against the same month in 2023 (average: 95.9128), the exchange rate shifted by +12.0925 (+12.61%).

2024 Avg (December) 108.0052

2023 Avg (December) 95.9128

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	98.6754	94.6179	96.1315
February	99.7990	96.7148	98.6530
March	101.2838	98.8579	99.8067
April	102.1872	98.6352	100.5585
May	100.0167	96.8859	98.3373
June	102.2682	98.2903	100.6027
July	100.9898	98.1031	99.2366
August	101.0348	96.5607	98.4291
September	98.9139	96.5701	97.5526
October	103.1063	98.7808	101.2021
November	108.4990	102.6395	105.7699
December	109.6181	106.7572	108.0052