YEARLY HIGH
0.0029 HKD
YEARLY LOW
0.0027 HKD
YEARLY AVERAGE
0.0028 HKD

2024 CDF to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CDF to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 0.0029. Conversely, the yearly low was recorded on October 12, dropping to 0.0027.

This high-to-low spread represents a total annual volatility of 0.0002 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0029 to the December average rate of 0.0027, the exchange rate registered a net change of -5.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0029 was down 23.86% compared to the 2023 peak of 0.0039, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15 HKD
2023 Average 17 HKD
Yearly Trough Low 13 HKD
Transaction Impact: A difference of 1.19 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0029
0.0027
JanuMarcMayJulySeptNove

CDF 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 0.0028, compared to 0.0027 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0028
H2 Avg (Jul–Dec) 0.0027

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0001 HKD (High: 0.0029 / Low: 0.0028). On the other end, February was the most stable month, with a tight range of 0.0000 HKD (High: 0.0029 / Low: 0.0028).

January Spread (Volatile) ±0.0001
February Spread (Stable) ±0.0000

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 May and June, when the average rate fell by 0.0000 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0029) against the same month in 2023 (average: 0.0038), the exchange rate shifted by -0.0009 (-24.76%).

2024 Avg (January) 0.0029
2023 Avg (January) 0.0038

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0029 0.0028 0.0029
February 0.0029 0.0028 0.0028
March 0.0028 0.0028 0.0028
April 0.0028 0.0028 0.0028
May 0.0028 0.0028 0.0028
June 0.0028 0.0027 0.0028
July 0.0028 0.0027 0.0027
August 0.0028 0.0027 0.0027
September 0.0028 0.0027 0.0027
October 0.0027 0.0027 0.0027
November 0.0027 0.0027 0.0027
December 0.0027 0.0027 0.0027