2024 SAR to HUF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SAR to HUF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SAR to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 106.4806. Conversely, the yearly low was recorded on January 10, dropping to 91.9423.
This high-to-low spread represents a total annual volatility of 14.5383 HUF. From a start-to-finish perspective, comparing the January average rate of 93.3880 to the December average rate of 104.7335, the exchange rate registered a net change of 12.15% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 106.4806 was up 5.48% compared to the 2023 peak of 100.9484, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SAR 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 96.1777, compared to 98.6837 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.5060 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 5.7154 HUF (High: 105.2091 / Low: 99.4936). On the other end, March was the most stable month, with a tight range of 2.1597 HUF (High: 98.1816 / Low: 96.0218).
Growth Streaks & Declines
TrendsBetween 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 2.1355 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 104.7335) against the same month in 2023 (average: 93.1924), the exchange rate shifted by +11.5411 (+12.38%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 95.7950 | 91.9423 | 93.3880 |
| February | 96.9300 | 93.8910 | 95.8494 |
| March | 98.1816 | 96.0218 | 96.9147 |
| April | 99.2071 | 95.6979 | 97.6588 |
| May | 97.1285 | 94.3201 | 95.5233 |
| June | 99.1663 | 95.4292 | 97.7318 |
| July | 98.0014 | 95.2679 | 96.4009 |
| August | 97.8926 | 93.7082 | 95.4447 |
| September | 96.0091 | 93.8480 | 94.7051 |
| October | 100.0058 | 95.8678 | 98.2302 |
| November | 105.2091 | 99.4936 | 102.5878 |
| December | 106.4806 | 103.5134 | 104.7335 |