2024 TRY to HUF Historical Review

YEARLY HIGH

11.8348 HUF

YEARLY LOW

10.3209 HUF

YEARLY AVERAGE

11.1282 HUF

2024 TRY to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 29, valuing the pair at 11.8348. Conversely, the yearly low was recorded on September 22, dropping to 10.3209.

This high-to-low spread represents a total annual volatility of 1.5138 HUF. From a start-to-finish perspective, comparing the January average rate of 11.6379 to the December average rate of 11.2401, the exchange rate registered a net change of -3.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 11.8348 was down 41.58% compared to the 2023 peak of 20.2588, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 591,738 HUF

2023 Average 764,900 HUF

Yearly Trough Low 516,045 HUF

Transaction Impact: A difference of 75,692.50 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11.7916

10.3081

JanuMarcMayJulySeptNove

TRY 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 11.3848, compared to 10.8716 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5131 points.

H1 Avg (Jan–Jun) 11.3848

H2 Avg (Jul–Dec) 10.8716

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.7450 HUF (High: 11.0750 / Low: 10.3300). On the other end, May was the most stable month, with a tight range of 0.2388 HUF (High: 11.2206 / Low: 10.9818).

August Spread (Volatile) ±0.7450

May Spread (Stable) ±0.2388

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.3556 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3556

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 11.6379) against the same month in 2023 (average: 19.4910), the exchange rate shifted by -7.8530 (-40.29%).

2024 Avg (January) 11.6379

2023 Avg (January) 19.4910

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.8348	11.4865	11.6379
February	11.7874	11.5195	11.6680
March	11.5840	11.1112	11.3375
April	11.4458	11.1482	11.3185
May	11.2206	10.9818	11.1020
June	11.3773	11.0710	11.2445
July	11.2836	10.7958	10.9845
August	11.0750	10.3300	10.6289
September	10.5798	10.3209	10.4318
October	10.9538	10.5200	10.7668
November	11.4319	10.8928	11.1777
December	11.3944	11.1249	11.2401