2024 HKD to BGN Historical Review

YEARLY HIGH

0.2428 BGN

YEARLY LOW

0.2240 BGN

YEARLY AVERAGE

0.2317 BGN

2024 HKD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.2428. Conversely, the yearly low was recorded on August 25, dropping to 0.2240.

This high-to-low spread represents a total annual volatility of 0.0188 BGN. From a start-to-finish perspective, comparing the January average rate of 0.2294 to the December average rate of 0.2402, the exchange rate registered a net change of 4.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2428 was up 1.77% compared to the 2023 peak of 0.2386, 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 6,071 BGN

2023 Average 5,774 BGN

Yearly Trough Low 5,600 BGN

Transaction Impact: A difference of 471.08 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2417

0.2246

JanuMarcMayJulySeptNove

HKD to BGN 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 0.2314, compared to 0.2320 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.2314

H2 Avg (Jul–Dec) 0.2320

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0109 BGN (High: 0.2412 / Low: 0.2303). On the other end, September was the most stable month, with a tight range of 0.0033 BGN (High: 0.2278 / Low: 0.2245).

November Spread (Volatile) ±0.0109

September Spread (Stable) ±0.0033

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 0.0032 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2402) against the same month in 2023 (average: 0.2294), the exchange rate shifted by +0.0109 (+4.74%).

2024 Avg (December) 0.2402

2023 Avg (December) 0.2294

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2312	0.2268	0.2294
February	0.2334	0.2300	0.2317
March	0.2316	0.2283	0.2300
April	0.2351	0.2297	0.2329
May	0.2343	0.2301	0.2316
June	0.2345	0.2296	0.2327
July	0.2332	0.2292	0.2308
August	0.2320	0.2240	0.2276
September	0.2278	0.2245	0.2260
October	0.2336	0.2273	0.2310
November	0.2412	0.2303	0.2366
December	0.2428	0.2374	0.2402