2024 HKD to AED Historical Review

YEARLY HIGH

0.4732 AED

YEARLY LOW

0.4685 AED

YEARLY AVERAGE

0.4707 AED

2024 HKD to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.4732. Conversely, the yearly low was recorded on April 14, dropping to 0.4685.

This high-to-low spread represents a total annual volatility of 0.0046 AED. From a start-to-finish perspective, comparing the January average rate of 0.4699 to the December average rate of 0.4725, the exchange rate registered a net change of 0.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4732 was up 0.36% compared to the 2023 peak of 0.4715, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 11,830 AED

2023 Average 11,728 AED

Yearly Trough Low 11,714 AED

Transaction Impact: A difference of 115.94 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4731

0.4686

JanuMarcMayJulySeptNove

HKD to AED 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 0.4697, compared to 0.4717 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.4697

H2 Avg (Jul–Dec) 0.4717

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0018 AED (High: 0.4726 / Low: 0.4708). On the other end, July was the most stable month, with a tight range of 0.0005 AED (High: 0.4705 / Low: 0.4700).

September Spread (Volatile) ±0.0018

July Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0006 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.4725) against the same month in 2023 (average: 0.4703), the exchange rate shifted by +0.0022 (+0.47%).

2024 Avg (December) 0.4725

2023 Avg (December) 0.4703

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4705	0.4693	0.4699
February	0.4698	0.4692	0.4696
March	0.4697	0.4692	0.4694
April	0.4695	0.4685	0.4690
May	0.4710	0.4695	0.4702
June	0.4706	0.4697	0.4703
July	0.4705	0.4700	0.4703
August	0.4716	0.4700	0.4711
September	0.4726	0.4708	0.4714
October	0.4732	0.4724	0.4727
November	0.4727	0.4717	0.4721
December	0.4732	0.4719	0.4725