YEARLY HIGH
578.3472 COP
YEARLY LOW
479.5880 COP
YEARLY AVERAGE
521.9141 COP

2024 HKD to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 578.3472. Conversely, the yearly low was recorded on April 8, dropping to 479.5880.

This high-to-low spread represents a total annual volatility of 98.7592 COP. From a start-to-finish perspective, comparing the January average rate of 501.4491 to the December average rate of 564.9452, the exchange rate registered a net change of 12.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 578.3472 was down 9.12% compared to the 2023 peak of 636.3686, 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 14,458,681 COP
2023 Average 13,801,490 COP
Yearly Trough Low 11,989,701 COP
Transaction Impact: A difference of 2,468,980.50 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

573.5565
486.3088
JanuMarcMayJulySeptNove

HKD to COP 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 501.5600, compared to 542.2682 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 40.7082 points.

H1 Avg (Jan–Jun) 501.5600
H2 Avg (Jul–Dec) 542.2682

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 43.0397 COP (High: 535.0777 / Low: 492.0380). On the other end, February was the most stable month, with a tight range of 9.1491 COP (High: 506.7504 / Low: 497.6012).

June Spread (Volatile) ±43.0397
February Spread (Stable) ±9.1491

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 4.6809 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -4.6809

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 566.2859) against the same month in 2023 (average: 516.2912), the exchange rate shifted by +49.9946 (+9.68%).

2024 Avg (November) 566.2859
2023 Avg (November) 516.2912

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 507.2620 496.6702 501.4491
February 506.7504 497.6012 502.2099
March 503.8987 491.3774 498.2603
April 506.5264 479.5880 493.5795
May 499.6979 487.9327 494.7102
June 535.0777 492.0380 519.1510
July 529.8432 505.4509 517.1545
August 532.1075 513.1589 520.2367
September 550.7921 530.1696 537.0205
October 567.5594 533.8595 547.9663
November 578.3472 556.7133 566.2859
December 573.9505 553.9363 564.9452