YEARLY HIGH
0.2190 AZN
YEARLY LOW
0.2169 AZN
YEARLY AVERAGE
0.2179 AZN

2024 HKD to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.2190. Conversely, the yearly low was recorded on April 11, dropping to 0.2169.

This high-to-low spread represents a total annual volatility of 0.0021 AZN. From a start-to-finish perspective, comparing the January average rate of 0.2175 to the December average rate of 0.2187, the exchange rate registered a net change of 0.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2190 was up 0.29% compared to the 2023 peak of 0.2184, 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 5,475 AZN
2023 Average 5,429 AZN
Yearly Trough Low 5,423 AZN
Transaction Impact: A difference of 52.64 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2190
0.2170
JanuMarcMayJulySeptNove

HKD to AZN 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 0.2174, compared to 0.2183 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) 0.2174
H2 Avg (Jul–Dec) 0.2183

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0011 AZN (High: 0.2183 / Low: 0.2172). On the other end, July was the most stable month, with a tight range of 0.0002 AZN (High: 0.2178 / Low: 0.2175).

January Spread (Volatile) ±0.0011
July Spread (Stable) ±0.0002

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 0.0003 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2187) against the same month in 2023 (average: 0.2177), the exchange rate shifted by +0.0010 (+0.46%).

2024 Avg (December) 0.2187
2023 Avg (December) 0.2177

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2183 0.2172 0.2175
February 0.2175 0.2172 0.2173
March 0.2179 0.2171 0.2174
April 0.2176 0.2169 0.2171
May 0.2180 0.2173 0.2176
June 0.2178 0.2174 0.2177
July 0.2178 0.2175 0.2177
August 0.2183 0.2176 0.2180
September 0.2187 0.2179 0.2182
October 0.2190 0.2187 0.2188
November 0.2188 0.2183 0.2185
December 0.2190 0.2184 0.2187