2024 HKD to EUR Historical Review

YEARLY HIGH

0.1244 EUR

YEARLY LOW

0.1145 EUR

YEARLY AVERAGE

0.1185 EUR

2024 HKD to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.1244. Conversely, the yearly low was recorded on August 23, dropping to 0.1145.

This high-to-low spread represents a total annual volatility of 0.0099 EUR. From a start-to-finish perspective, comparing the January average rate of 0.1173 to the December average rate of 0.1228, the exchange rate registered a net change of 4.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1244 was up 2.00% compared to the 2023 peak of 0.1219, 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 3,110 EUR

2023 Average 2,951 EUR

Yearly Trough Low 2,862 EUR

Transaction Impact: A difference of 247.22 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1236

0.1148

JanuMarcMayJulySeptNove

HKD to EUR 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 0.1183, compared to 0.1186 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.1183

H2 Avg (Jul–Dec) 0.1186

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0056 EUR (High: 0.1233 / Low: 0.1177). On the other end, May was the most stable month, with a tight range of 0.0016 EUR (High: 0.1193 / Low: 0.1176).

November Spread (Volatile) ±0.0056

May Spread (Stable) ±0.0016

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 July and August, when the average rate fell by 0.0016 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1228) against the same month in 2023 (average: 0.1172), the exchange rate shifted by +0.0056 (+4.79%).

2024 Avg (December) 0.1228

2023 Avg (December) 0.1172

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1184	0.1160	0.1173
February	0.1194	0.1176	0.1184
March	0.1184	0.1167	0.1176
April	0.1202	0.1176	0.1191
May	0.1193	0.1176	0.1184
June	0.1199	0.1172	0.1190
July	0.1192	0.1171	0.1180
August	0.1186	0.1145	0.1163
September	0.1165	0.1148	0.1155
October	0.1194	0.1163	0.1181
November	0.1233	0.1177	0.1209
December	0.1244	0.1214	0.1228