2024 HKD to CDF Historical Review

YEARLY HIGH

370.4202 CDF

YEARLY LOW

340.3036 CDF

YEARLY AVERAGE

360.8028 CDF

2024 HKD to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 11, valuing the pair at 370.4202. Conversely, the yearly low was recorded on January 20, dropping to 340.3036.

This high-to-low spread represents a total annual volatility of 30.1166 CDF. From a start-to-finish perspective, comparing the January average rate of 348.2151 to the December average rate of 367.1598, the exchange rate registered a net change of 5.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 370.4202 was up 3.58% compared to the 2023 peak of 357.6175, 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 9,260,505 CDF

2023 Average 7,463,862 CDF

Yearly Trough Low 8,507,590 CDF

Transaction Impact: A difference of 752,915.61 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

369.6442

346.2670

JanuMarcMayJulySeptNove

HKD to CDF 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 355.3607, compared to 366.2450 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.8842 points.

H1 Avg (Jan–Jun) 355.3607

H2 Avg (Jul–Dec) 366.2450

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 11.7815 CDF (High: 352.0851 / Low: 340.3036). On the other end, February was the most stable month, with a tight range of 3.2434 CDF (High: 353.9411 / Low: 350.6978).

January Spread (Volatile) ±11.7815

February Spread (Stable) ±3.2434

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.5363 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.5363

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 367.5033) against the same month in 2023 (average: 321.8142), the exchange rate shifted by +45.6890 (+14.20%).

2024 Avg (October) 367.5033

2023 Avg (October) 321.8142

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	352.0851	340.3036	348.2151
February	353.9411	350.6978	352.3939
March	356.7630	353.0662	354.6003
April	360.2916	354.2132	356.4777
May	361.4627	356.0683	357.8874
June	365.1781	357.5053	362.5899
July	367.6428	362.2555	364.1386
August	368.2144	360.2918	365.3900
September	368.6144	363.4024	365.5820
October	370.4202	365.5891	367.5033
November	369.8119	365.5220	367.6961
December	369.1949	364.4507	367.1598