2024 RON to HUF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 RON to HUF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the RON to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 83.3455. Conversely, the yearly low was recorded on January 8, dropping to 75.9407.
This high-to-low spread represents a total annual volatility of 7.4048 HUF. From a start-to-finish perspective, comparing the January average rate of 76.7962 to the December average rate of 82.8190, the exchange rate registered a net change of 7.84% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 83.3455 was up 2.30% compared to the 2023 peak of 81.4747, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RON based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
RON to HUF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 78.3837, compared to 80.5678 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.1842 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was January, with a trading range of 2.2509 HUF (High: 78.1916 / Low: 75.9407). On the other end, September was the most stable month, with a tight range of 1.0027 HUF (High: 79.8145 / Low: 78.8117).
Growth Streaks & Declines
TrendsBetween July and December, 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 April and May, when the average rate fell by 1.0990 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 82.8190) against the same month in 2023 (average: 76.8020), the exchange rate shifted by +6.0171 (+7.83%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 78.1916 | 75.9407 | 76.7962 |
| February | 79.2151 | 77.0139 | 77.9905 |
| March | 80.3201 | 79.0477 | 79.4635 |
| April | 79.4469 | 78.4021 | 78.9470 |
| May | 78.4573 | 77.1351 | 77.8480 |
| June | 79.9959 | 78.2580 | 79.2568 |
| July | 79.4285 | 78.3612 | 78.9123 |
| August | 80.0588 | 78.8308 | 79.3091 |
| September | 79.8145 | 78.8117 | 79.3531 |
| October | 82.1325 | 79.9821 | 80.7812 |
| November | 83.1049 | 81.3142 | 82.2323 |
| December | 83.3455 | 82.1813 | 82.8190 |