YEARLY HIGH
0.0351 HUF
YEARLY LOW
0.0285 HUF
YEARLY AVERAGE
0.0308 HUF

2021 GNF to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GNF to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.0351. Conversely, the yearly low was recorded on January 5, dropping to 0.0285.

This high-to-low spread represents a total annual volatility of 0.0067 HUF. From a start-to-finish perspective, comparing the January average rate of 0.0289 to the December average rate of 0.0345, the exchange rate registered a net change of 19.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0351 was down 2.36% compared to the 2020 peak of 0.0360, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 176 HUF
2020 Average 160 HUF
Yearly Trough Low 142 HUF
Transaction Impact: A difference of 33.27 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0351
0.0284
JanuMarcMayJulySeptNove

GNF 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 0.0297, compared to 0.0320 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0297
H2 Avg (Jul–Dec) 0.0320

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0026 HUF (High: 0.0348 / Low: 0.0322). On the other end, August was the most stable month, with a tight range of 0.0008 HUF (High: 0.0309 / Low: 0.0301).

November Spread (Volatile) ±0.0026
August Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0007 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0345) against the same month in 2020 (average: 0.0297), the exchange rate shifted by +0.0049 (+16.41%).

2021 Avg (December) 0.0345
2020 Avg (December) 0.0297

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0297 0.0285 0.0289
February 0.0296 0.0286 0.0291
March 0.0309 0.0298 0.0305
April 0.0308 0.0299 0.0303
May 0.0303 0.0289 0.0295
June 0.0305 0.0289 0.0296
July 0.0313 0.0302 0.0308
August 0.0309 0.0301 0.0306
September 0.0318 0.0299 0.0306
October 0.0326 0.0315 0.0320
November 0.0348 0.0322 0.0336
December 0.0351 0.0339 0.0345