2024 ZAR to HUF Historical Review

YEARLY HIGH

22.0358 HUF

YEARLY LOW

18.3027 HUF

YEARLY AVERAGE

19.9598 HUF

2024 ZAR to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ZAR to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 22.0358. Conversely, the yearly low was recorded on January 17, dropping to 18.3027.

This high-to-low spread represents a total annual volatility of 3.7331 HUF. From a start-to-finish perspective, comparing the January average rate of 18.6783 to the December average rate of 21.5728, the exchange rate registered a net change of 15.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 22.0358 was down 1.10% compared to the 2023 peak of 22.2800, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,101,791 HUF

2023 Average 957,594 HUF

Yearly Trough Low 915,136 HUF

Transaction Impact: A difference of 186,655.05 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

21.8622

18.3889

JanuMarcMayJulySeptNove

ZAR 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 19.2723, compared to 20.6473 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3751 points.

H1 Avg (Jan–Jun) 19.2723

H2 Avg (Jul–Dec) 20.6473

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 1.7665 HUF (High: 20.6374 / Low: 18.8709). On the other end, April was the most stable month, with a tight range of 0.4659 HUF (High: 19.6081 / Low: 19.1422).

June Spread (Volatile) ±1.7665

April Spread (Stable) ±0.4659

Growth Streaks & Declines

Trends

Between January and June, 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 June and July, when the average rate fell by 0.0870 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0870

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 21.5728) against the same month in 2023 (average: 18.7990), the exchange rate shifted by +2.7738 (+14.75%).

2024 Avg (December) 21.5728

2023 Avg (December) 18.7990

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.0986	18.3027	18.6783
February	19.0985	18.6126	18.8987
March	19.5544	19.0438	19.2755
April	19.6081	19.1422	19.3959
May	19.7038	19.1130	19.4603
June	20.6374	18.8709	19.9249
July	20.1373	19.5369	19.8379
August	20.0801	19.2764	19.8265
September	20.7794	19.8425	20.2014
October	21.3258	20.6572	20.9922
November	21.8048	20.8586	21.4532
December	22.0358	20.9141	21.5728