YEARLY HIGH
0.0245 SBD
YEARLY LOW
0.0210 SBD
YEARLY AVERAGE
0.0231 SBD

2024 HUF to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HUF to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 0.0245. Conversely, the yearly low was recorded on December 19, dropping to 0.0210.

This high-to-low spread represents a total annual volatility of 0.0036 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0240 to the December average rate of 0.0213, the exchange rate registered a net change of -11.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0245 was down 2.51% compared to the 2023 peak of 0.0252, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 24,520 SBD
2023 Average 23,667 SBD
Yearly Trough Low 20,951 SBD
Transaction Impact: A difference of 3,568.75 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0243
0.0210
JanuMarcMayJulySeptNove

HUF to SBD 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 0.0235, compared to 0.0227 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0235
H2 Avg (Jul–Dec) 0.0227

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0012 SBD (High: 0.0243 / Low: 0.0231). On the other end, February was the most stable month, with a tight range of 0.0006 SBD (High: 0.0239 / Low: 0.0233).

August Spread (Volatile) ±0.0012
February Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0009 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0240) against the same month in 2023 (average: 0.0226), the exchange rate shifted by +0.0015 (+6.49%).

2024 Avg (January) 0.0240
2023 Avg (January) 0.0226

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0245 0.0234 0.0240
February 0.0239 0.0233 0.0235
March 0.0240 0.0230 0.0233
April 0.0236 0.0228 0.0232
May 0.0240 0.0233 0.0237
June 0.0237 0.0227 0.0231
July 0.0237 0.0230 0.0234
August 0.0243 0.0231 0.0237
September 0.0239 0.0231 0.0235
October 0.0231 0.0222 0.0225
November 0.0223 0.0212 0.0217
December 0.0216 0.0210 0.0213