2024 HKD to BOB Historical Review

YEARLY HIGH

0.8957 BOB

YEARLY LOW

0.8774 BOB

YEARLY AVERAGE

0.8859 BOB

2024 HKD to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on November 10, valuing the pair at 0.8957. Conversely, the yearly low was recorded on August 4, dropping to 0.8774.

This high-to-low spread represents a total annual volatility of 0.0183 BOB. From a start-to-finish perspective, comparing the January average rate of 0.8839 to the December average rate of 0.8889, the exchange rate registered a net change of 0.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8957 was up 0.60% compared to the 2023 peak of 0.8903, 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 22,392 BOB

2023 Average 22,058 BOB

Yearly Trough Low 21,934 BOB

Transaction Impact: A difference of 457.94 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8913

0.8824

JanuMarcMayJulySeptNove

HKD to BOB 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 0.8840, compared to 0.8877 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.8840

H2 Avg (Jul–Dec) 0.8877

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0119 BOB (High: 0.8893 / Low: 0.8774). On the other end, July was the most stable month, with a tight range of 0.0034 BOB (High: 0.8854 / Low: 0.8820).

August Spread (Volatile) ±0.0119

July Spread (Stable) ±0.0034

Growth Streaks & Declines

Trends

Between March and June, 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 0.0012 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.8894) against the same month in 2023 (average: 0.8841), the exchange rate shifted by +0.0053 (+0.59%).

2024 Avg (November) 0.8894

2023 Avg (November) 0.8841

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8872	0.8821	0.8839
February	0.8916	0.8809	0.8838
March	0.8867	0.8792	0.8832
April	0.8881	0.8810	0.8838
May	0.8870	0.8809	0.8846
June	0.8904	0.8826	0.8848
July	0.8854	0.8820	0.8846
August	0.8893	0.8774	0.8856
September	0.8919	0.8842	0.8873
October	0.8936	0.8883	0.8906
November	0.8957	0.8838	0.8894
December	0.8928	0.8852	0.8889