2024 HKD to CAD Historical Review

YEARLY HIGH

0.1861 CAD

YEARLY LOW

0.1696 CAD

YEARLY AVERAGE

0.1756 CAD

2024 HKD to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.1861. Conversely, the yearly low was recorded on January 1, dropping to 0.1696.

This high-to-low spread represents a total annual volatility of 0.0165 CAD. From a start-to-finish perspective, comparing the January average rate of 0.1717 to the December average rate of 0.1835, the exchange rate registered a net change of 6.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1861 was up 4.84% compared to the 2023 peak of 0.1775, 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 4,652 CAD

2023 Average 4,311 CAD

Yearly Trough Low 4,239 CAD

Transaction Impact: A difference of 412.88 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1846

0.1705

JanuMarcMayJulySeptNove

HKD to CAD 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 0.1737, compared to 0.1775 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 0.1737

H2 Avg (Jul–Dec) 0.1775

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0060 CAD (High: 0.1861 / Low: 0.1801). On the other end, May was the most stable month, with a tight range of 0.0017 CAD (High: 0.1759 / Low: 0.1742).

December Spread (Volatile) ±0.0060

May Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between January and July, 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 August and September, when the average rate fell by 0.0014 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1835) against the same month in 2023 (average: 0.1717), the exchange rate shifted by +0.0117 (+6.84%).

2024 Avg (December) 0.1835

2023 Avg (December) 0.1717

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1730	0.1696	0.1717
February	0.1735	0.1712	0.1725
March	0.1741	0.1720	0.1731
April	0.1765	0.1728	0.1747
May	0.1759	0.1742	0.1750
June	0.1764	0.1742	0.1755
July	0.1774	0.1744	0.1756
August	0.1779	0.1724	0.1753
September	0.1746	0.1724	0.1739
October	0.1793	0.1736	0.1771
November	0.1811	0.1780	0.1797
December	0.1861	0.1801	0.1835