2024 HKD to CRC Historical Review

YEARLY HIGH

68.4886 CRC

YEARLY LOW

63.6293 CRC

YEARLY AVERAGE

66.0734 CRC

2024 HKD to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on July 9, valuing the pair at 68.4886. Conversely, the yearly low was recorded on April 4, dropping to 63.6293.

This high-to-low spread represents a total annual volatility of 4.8593 CRC. From a start-to-finish perspective, comparing the January average rate of 66.1383 to the December average rate of 65.0708, the exchange rate registered a net change of -1.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 68.4886 was down 9.69% compared to the 2023 peak of 75.8375, 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 1,712,215 CRC

2023 Average 1,729,258 CRC

Yearly Trough Low 1,590,733 CRC

Transaction Impact: A difference of 121,481.57 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

67.7342

64.0606

JanuMarcMayJulySeptNove

HKD to CRC 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 65.7246, compared to 66.4222 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6976 points.

H1 Avg (Jan–Jun) 65.7246

H2 Avg (Jul–Dec) 66.4222

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 1.7408 CRC (High: 68.4886 / Low: 66.7478). On the other end, November was the most stable month, with a tight range of 1.0226 CRC (High: 66.1559 / Low: 65.1334).

July Spread (Volatile) ±1.7408

November Spread (Stable) ±1.0226

Growth Streaks & Declines

Trends

Between April and July, 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 February and March, when the average rate fell by 0.9400 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.9400

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 67.4280) against the same month in 2023 (average: 69.0975), the exchange rate shifted by -1.6694 (-2.42%).

2024 Avg (July) 67.4280

2023 Avg (July) 69.0975

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	66.7098	65.3694	66.1383
February	66.4614	65.4302	65.9384
March	65.7221	64.1813	64.9983
April	65.0596	63.6293	64.3667
May	66.6368	65.2199	65.6242
June	68.1062	66.5817	67.2816
July	68.4886	66.7478	67.4280
August	67.9724	66.3807	67.2904
September	67.5440	66.3011	66.6744
October	67.0608	65.8771	66.4483
November	66.1559	65.1334	65.6211
December	65.5706	64.4715	65.0708