YEARLY HIGH
0.2322 AWG
YEARLY LOW
0.2297 AWG
YEARLY AVERAGE
0.2308 AWG

2024 HKD to AWG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to AWG exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 0.2322. Conversely, the yearly low was recorded on April 14, dropping to 0.2297.

This high-to-low spread represents a total annual volatility of 0.0025 AWG. From a start-to-finish perspective, comparing the January average rate of 0.2305 to the December average rate of 0.2316, the exchange rate registered a net change of 0.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2322 was up 0.34% compared to the 2023 peak of 0.2314, 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 5,805 AWG
2023 Average 5,750 AWG
Yearly Trough Low 5,742 AWG
Transaction Impact: A difference of 63.37 AWG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2320
0.2298
JanuMarcMayJulySeptNove

HKD to AWG 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 0.2304, compared to 0.2313 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.2304
H2 Avg (Jul–Dec) 0.2313

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0014 AWG (High: 0.2320 / Low: 0.2305). On the other end, July was the most stable month, with a tight range of 0.0005 AWG (High: 0.2309 / Low: 0.2304).

November Spread (Volatile) ±0.0014
July Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.2318) against the same month in 2023 (average: 0.2301), the exchange rate shifted by +0.0016 (+0.71%).

2024 Avg (October) 0.2318
2023 Avg (October) 0.2301

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2309 0.2301 0.2305
February 0.2305 0.2299 0.2303
March 0.2305 0.2300 0.2303
April 0.2303 0.2297 0.2300
May 0.2311 0.2302 0.2306
June 0.2308 0.2302 0.2306
July 0.2309 0.2304 0.2306
August 0.2314 0.2305 0.2310
September 0.2319 0.2307 0.2312
October 0.2322 0.2315 0.2318
November 0.2320 0.2305 0.2314
December 0.2319 0.2312 0.2316