YEARLY HIGH
128.1718 CLP
YEARLY LOW
112.8519 CLP
YEARLY AVERAGE
120.9876 CLP

2024 HKD to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 128.1718. Conversely, the yearly low was recorded on January 3, dropping to 112.8519.

This high-to-low spread represents a total annual volatility of 15.3199 CLP. From a start-to-finish perspective, comparing the January average rate of 116.2766 to the December average rate of 126.5353, the exchange rate registered a net change of 8.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 128.1718 was up 5.82% compared to the 2023 peak of 121.1266, 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 3,204,295 CLP
2023 Average 2,683,569 CLP
Yearly Trough Low 2,821,298 CLP
Transaction Impact: A difference of 382,997.36 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

127.5611
115.2508
JanuMarcMayJulySeptNove

HKD to CLP 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 120.3023, compared to 121.6729 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3706 points.

H1 Avg (Jan–Jun) 120.3023
H2 Avg (Jul–Dec) 121.6729

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 9.0039 CLP (High: 122.8172 / Low: 113.8133). On the other end, December was the most stable month, with a tight range of 3.4110 CLP (High: 128.1718 / Low: 124.7608).

May Spread (Volatile) ±9.0039
December Spread (Stable) ±3.4110

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 April and May, when the average rate fell by 4.7658 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -4.7658

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 126.5353) against the same month in 2023 (average: 112.1696), the exchange rate shifted by +14.3656 (+12.81%).

2024 Avg (December) 126.5353
2023 Avg (December) 112.1696

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 119.0502 112.8519 116.2766
February 126.5373 119.5076 123.5213
March 126.5424 120.3950 123.6201
April 125.9325 120.1744 122.1288
May 122.8172 113.8133 117.3630
June 122.2497 115.2070 118.9040
July 122.5053 116.0185 119.7019
August 122.2121 116.3106 119.1806
September 121.8134 115.6857 118.8921
October 123.7293 116.3438 120.7354
November 126.7501 122.5282 124.9922
December 128.1718 124.7608 126.5353