2024 HKD to ALL Historical Review

YEARLY HIGH

12.3993 ALL

YEARLY LOW

11.3573 ALL

YEARLY AVERAGE

11.9267 ALL

2024 HKD to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 12.3993. Conversely, the yearly low was recorded on September 30, dropping to 11.3573.

This high-to-low spread represents a total annual volatility of 1.0420 ALL. From a start-to-finish perspective, comparing the January average rate of 12.1802 to the December average rate of 12.0716, the exchange rate registered a net change of -0.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 12.3993 was down 13.16% compared to the 2023 peak of 14.2779, 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 309,982 ALL

2023 Average 321,141 ALL

Yearly Trough Low 283,933 ALL

Transaction Impact: A difference of 26,049.46 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.3828

11.4015

JanuMarcMayJulySeptNove

HKD to ALL 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 12.0959, compared to 11.7576 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3383 points.

H1 Avg (Jan–Jun) 12.0959

H2 Avg (Jul–Dec) 11.7576

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.5332 ALL (High: 12.1036 / Low: 11.5705). On the other end, February was the most stable month, with a tight range of 0.1793 ALL (High: 12.3993 / Low: 12.2200).

November Spread (Volatile) ±0.5332

February Spread (Stable) ±0.1793

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.2015 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 12.3011) against the same month in 2023 (average: 13.7702), the exchange rate shifted by -1.4692 (-10.67%).

2024 Avg (February) 12.3011

2023 Avg (February) 13.7702

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.2831	12.0089	12.1802
February	12.3993	12.2200	12.3011
March	12.2531	12.0266	12.1606
April	12.2270	11.9761	12.0836
May	12.0155	11.8099	11.9067
June	12.0227	11.7832	11.9432
July	11.9735	11.7422	11.8402
August	11.8699	11.4754	11.6387
September	11.5918	11.3573	11.4833
October	11.7686	11.4418	11.6533
November	12.1036	11.5705	11.8584
December	12.2055	11.9495	12.0716