YEARLY HIGH
11.6341 HUF
YEARLY LOW
9.6594 HUF
YEARLY AVERAGE
10.3825 HUF

2024 THB to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the THB to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 11.6341. Conversely, the yearly low was recorded on May 25, dropping to 9.6594.

This high-to-low spread represents a total annual volatility of 1.9748 HUF. From a start-to-finish perspective, comparing the January average rate of 9.9574 to the December average rate of 11.5195, the exchange rate registered a net change of 15.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 11.6341 was up 4.20% compared to the 2023 peak of 11.1657, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 THB based on timing:

Yearly Peak High 2,908,531 HUF
2023 Average 2,539,123 HUF
Yearly Trough Low 2,414,841 HUF
Transaction Impact: A difference of 493,690.06 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11.6927
9.6144
JanuMarcMayJulySeptNove

THB 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 9.9731, compared to 10.7919 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8188 points.

H1 Avg (Jan–Jun) 9.9731
H2 Avg (Jul–Dec) 10.7919

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.6235 HUF (High: 11.0021 / Low: 10.3786). On the other end, February was the most stable month, with a tight range of 0.1692 HUF (High: 10.1331 / Low: 9.9639).

September Spread (Volatile) ±0.6235
February Spread (Stable) ±0.1692

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.1773 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1773

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 11.5195) against the same month in 2023 (average: 10.0153), the exchange rate shifted by +1.5041 (+15.02%).

2024 Avg (December) 11.5195
2023 Avg (December) 10.0153

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.1852 9.8149 9.9574
February 10.1331 9.9639 10.0281
March 10.2139 9.9949 10.1135
April 10.1622 9.7786 9.9648
May 9.8692 9.6594 9.7876
June 10.1573 9.7691 9.9872
July 10.2545 9.8537 9.9814
August 10.4588 10.2000 10.3191
September 11.0021 10.3786 10.6852
October 11.1372 10.8365 11.0508
November 11.4605 11.0248 11.1955
December 11.6341 11.4031 11.5195