YEARLY HIGH
0.6589 HUF
YEARLY LOW
0.5652 HUF
YEARLY AVERAGE
0.6000 HUF

2020 SYP to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SYP to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 4, valuing the pair at 0.6589. Conversely, the yearly low was recorded on December 17, dropping to 0.5652.

This high-to-low spread represents a total annual volatility of 0.0937 HUF. From a start-to-finish perspective, comparing the January average rate of 0.5843 to the December average rate of 0.5749, the exchange rate registered a net change of -1.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.6589 was up 10.34% compared to the 2019 peak of 0.5972, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,295 HUF
2019 Average 2,822 HUF
Yearly Trough Low 2,826 HUF
Transaction Impact: A difference of 468.59 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.6455
0.5685
JanuMarcMayJulySeptNove

SYP 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 0.6099, compared to 0.5900 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0199 points.

H1 Avg (Jan–Jun) 0.6099
H2 Avg (Jul–Dec) 0.5900

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0803 HUF (High: 0.6522 / Low: 0.5719). On the other end, December was the most stable month, with a tight range of 0.0155 HUF (High: 0.5807 / Low: 0.5652).

March Spread (Volatile) ±0.0803
December Spread (Stable) ±0.0155

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 May and June, when the average rate fell by 0.0247 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0247

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.6390) against the same month in 2019 (average: 0.5553), the exchange rate shifted by +0.0837 (+15.07%).

2020 Avg (April) 0.6390
2019 Avg (April) 0.5553

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5955 0.5718 0.5843
February 0.6089 0.5902 0.6004
March 0.6522 0.5719 0.6072
April 0.6589 0.6241 0.6390
May 0.6393 0.6075 0.6266
June 0.6175 0.5893 0.6019
July 0.6134 0.5678 0.5975
August 0.5893 0.5674 0.5759
September 0.6123 0.5840 0.5978
October 0.6147 0.5881 0.6012
November 0.6143 0.5860 0.5927
December 0.5807 0.5652 0.5749