YEARLY HIGH
0.0157 HKD
YEARLY LOW
0.0146 HKD
YEARLY AVERAGE
0.0151 HKD

2024 CRC to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CRC to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 4, valuing the pair at 0.0157. Conversely, the yearly low was recorded on July 9, dropping to 0.0146.

This high-to-low spread represents a total annual volatility of 0.0011 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0151 to the December average rate of 0.0154, the exchange rate registered a net change of 1.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0157 was up 4.55% compared to the 2023 peak of 0.0150, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 79 HKD
2023 Average 72 HKD
Yearly Trough Low 73 HKD
Transaction Impact: A difference of 5.58 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0156
0.0148
JanuMarcMayJulySeptNove

CRC 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 0.0152, compared to 0.0151 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0152
H2 Avg (Jul–Dec) 0.0151

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0004 HKD (High: 0.0150 / Low: 0.0146). On the other end, February was the most stable month, with a tight range of 0.0002 HKD (High: 0.0153 / Low: 0.0150).

July Spread (Volatile) ±0.0004
February Spread (Stable) ±0.0002

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 May and June, when the average rate fell by 0.0004 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0155) against the same month in 2023 (average: 0.0147), the exchange rate shifted by +0.0009 (+6.01%).

2024 Avg (April) 0.0155
2023 Avg (April) 0.0147

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0153 0.0150 0.0151
February 0.0153 0.0150 0.0152
March 0.0156 0.0152 0.0154
April 0.0157 0.0154 0.0155
May 0.0153 0.0150 0.0152
June 0.0150 0.0147 0.0149
July 0.0150 0.0146 0.0148
August 0.0151 0.0147 0.0149
September 0.0151 0.0148 0.0150
October 0.0152 0.0149 0.0150
November 0.0154 0.0151 0.0152
December 0.0155 0.0153 0.0154