2024 GMD to HKD Historical Review

YEARLY HIGH

0.1163 HKD

YEARLY LOW

0.1078 HKD

YEARLY AVERAGE

0.1135 HKD

2024 GMD to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 0.1163. Conversely, the yearly low was recorded on December 27, dropping to 0.1078.

This high-to-low spread represents a total annual volatility of 0.0085 HKD. From a start-to-finish perspective, comparing the January average rate of 0.1162 to the December average rate of 0.1083, the exchange rate registered a net change of -6.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1163 was down 11.95% compared to the 2023 peak of 0.1321, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 582 HKD

2023 Average 630 HKD

Yearly Trough Low 539 HKD

Transaction Impact: A difference of 42.59 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1170

0.1075

JanuMarcMayJulySeptNove

GMD 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 0.1155, compared to 0.1114 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.1155

H2 Avg (Jul–Dec) 0.1114

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0050 HKD (High: 0.1152 / Low: 0.1102). On the other end, March was the most stable month, with a tight range of 0.0002 HKD (High: 0.1153 / Low: 0.1151).

October Spread (Volatile) ±0.0050

March Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0035 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1162) against the same month in 2023 (average: 0.1261), the exchange rate shifted by -0.0099 (-7.87%).

2024 Avg (January) 0.1162

2023 Avg (January) 0.1261

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1163	0.1159	0.1162
February	0.1163	0.1152	0.1157
March	0.1153	0.1151	0.1152
April	0.1156	0.1152	0.1153
May	0.1155	0.1149	0.1153
June	0.1154	0.1152	0.1153
July	0.1153	0.1124	0.1151
August	0.1132	0.1099	0.1117
September	0.1138	0.1098	0.1120
October	0.1152	0.1102	0.1122
November	0.1104	0.1087	0.1093
December	0.1096	0.1078	0.1083