2024 HKD to DJF Historical Review

YEARLY HIGH

23.0344 DJF

YEARLY LOW

22.5919 DJF

YEARLY AVERAGE

22.7885 DJF

2024 HKD to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 23.0344. Conversely, the yearly low was recorded on May 13, dropping to 22.5919.

This high-to-low spread represents a total annual volatility of 0.4425 DJF. From a start-to-finish perspective, comparing the January average rate of 22.7609 to the December average rate of 22.8797, the exchange rate registered a net change of 0.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 23.0344 was up 0.46% compared to the 2023 peak of 22.9284, 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 575,860 DJF

2023 Average 567,868 DJF

Yearly Trough Low 564,796 DJF

Transaction Impact: A difference of 11,063.35 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

22.9081

22.6873

JanuMarcMayJulySeptNove

HKD to DJF 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 22.7416, compared to 22.8354 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0938 points.

H1 Avg (Jan–Jun) 22.7416

H2 Avg (Jul–Dec) 22.8354

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.3155 DJF (High: 22.9166 / Low: 22.6011). On the other end, July was the most stable month, with a tight range of 0.0942 DJF (High: 22.8141 / Low: 22.7199).

August Spread (Volatile) ±0.3155

July Spread (Stable) ±0.0942

Growth Streaks & Declines

Trends

Between April and October, 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 October and November, when the average rate fell by 0.0304 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0304

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 22.8594) against the same month in 2023 (average: 22.7550), the exchange rate shifted by +0.1044 (+0.46%).

2024 Avg (November) 22.8594

2023 Avg (November) 22.7550

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.8651	22.7016	22.7609
February	22.9729	22.7027	22.7498
March	22.8335	22.6574	22.7207
April	22.8039	22.6617	22.7057
May	22.8537	22.5919	22.7472
June	22.9427	22.6776	22.7654
July	22.8141	22.7199	22.7692
August	22.9166	22.6011	22.7784
September	22.9880	22.7826	22.8362
October	23.0217	22.7774	22.8897
November	23.0344	22.7810	22.8594
December	22.9681	22.8119	22.8797