YEARLY HIGH
4.4124 HUF
YEARLY LOW
3.4524 HUF
YEARLY AVERAGE
3.9444 HUF

2024 RUB to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RUB to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 19, valuing the pair at 4.4124. Conversely, the yearly low was recorded on November 27, dropping to 3.4524.

This high-to-low spread represents a total annual volatility of 0.9600 HUF. From a start-to-finish perspective, comparing the January average rate of 3.9208 to the December average rate of 3.7939, the exchange rate registered a net change of -3.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 4.4124 was down 20.52% compared to the 2023 peak of 5.5519, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 22,062 HUF
2023 Average 20,892 HUF
Yearly Trough Low 17,262 HUF
Transaction Impact: A difference of 4,800.11 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

4.1970
3.7572
JanuMarcMayJulySeptNove

RUB 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 3.9705, compared to 3.9182 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0523 points.

H1 Avg (Jan–Jun) 3.9705
H2 Avg (Jul–Dec) 3.9182

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.5560 HUF (High: 4.0084 / Low: 3.4524). On the other end, March was the most stable month, with a tight range of 0.0903 HUF (High: 3.9933 / Low: 3.9030).

November Spread (Volatile) ±0.5560
March Spread (Stable) ±0.0903

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.1350 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1350

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 4.1604) against the same month in 2023 (average: 4.1010), the exchange rate shifted by +0.0594 (+1.45%).

2024 Avg (June) 4.1604
2023 Avg (June) 4.1010

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.0234 3.7854 3.9208
February 3.9841 3.7929 3.9144
March 3.9933 3.9030 3.9570
April 3.9883 3.8677 3.9389
May 4.0080 3.8798 3.9317
June 4.4124 3.9718 4.1604
July 4.2612 4.0376 4.1411
August 4.2954 3.8392 4.0285
September 4.0564 3.7705 3.8935
October 3.8981 3.7526 3.8317
November 4.0084 3.4524 3.8205
December 3.9626 3.4950 3.7939