YEARLY HIGH
0.0096 HKD
YEARLY LOW
0.0075 HKD
YEARLY AVERAGE
0.0086 HKD

2024 ARS to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ARS to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.0096. Conversely, the yearly low was recorded on December 30, dropping to 0.0075.

This high-to-low spread represents a total annual volatility of 0.0021 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0096 to the December average rate of 0.0076, the exchange rate registered a net change of -20.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0096 was down 78.15% compared to the 2023 peak of 0.0442, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 48 HKD
2023 Average 150 HKD
Yearly Trough Low 38 HKD
Transaction Impact: A difference of 10.59 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0098
0.0074
JanuMarcMayJulySeptNove

ARS to HKD 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 0.0091, compared to 0.0080 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0091
H2 Avg (Jul–Dec) 0.0080

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0003 HKD (High: 0.0084 / Low: 0.0082). On the other end, September was the most stable month, with a tight range of 0.0002 HKD (High: 0.0082 / Low: 0.0080).

August Spread (Volatile) ±0.0003
September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0002 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0096) against the same month in 2023 (average: 0.0430), the exchange rate shifted by -0.0334 (-77.75%).

2024 Avg (January) 0.0096
2023 Avg (January) 0.0430

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0096 0.0095 0.0096
February 0.0095 0.0093 0.0094
March 0.0093 0.0091 0.0092
April 0.0091 0.0089 0.0090
May 0.0090 0.0087 0.0088
June 0.0087 0.0086 0.0086
July 0.0086 0.0084 0.0085
August 0.0084 0.0082 0.0083
September 0.0082 0.0080 0.0081
October 0.0080 0.0079 0.0079
November 0.0079 0.0077 0.0078
December 0.0077 0.0075 0.0076