2024 HKD to GBP Historical Review

YEARLY HIGH

0.1033 GBP

YEARLY LOW

0.0957 GBP

YEARLY AVERAGE

0.1003 GBP

2024 HKD to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 22, valuing the pair at 0.1033. Conversely, the yearly low was recorded on September 24, dropping to 0.0957.

This high-to-low spread represents a total annual volatility of 0.0076 GBP. From a start-to-finish perspective, comparing the January average rate of 0.1007 to the December average rate of 0.1018, the exchange rate registered a net change of 1.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1033 was down 4.06% compared to the 2023 peak of 0.1077, 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 2,583 GBP

2023 Average 2,568 GBP

Yearly Trough Low 2,392 GBP

Transaction Impact: A difference of 191.11 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1026

0.0966

JanuMarcMayJulySeptNove

HKD to GBP 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 0.1011, compared to 0.0995 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.1011

H2 Avg (Jul–Dec) 0.0995

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0045 GBP (High: 0.1012 / Low: 0.0967). On the other end, January was the most stable month, with a tight range of 0.0013 GBP (High: 0.1014 / Low: 0.1001).

August Spread (Volatile) ±0.0045

January Spread (Stable) ±0.0013

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 August and September, when the average rate fell by 0.0020 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.1021) against the same month in 2023 (average: 0.1024), the exchange rate shifted by -0.0003 (-0.27%).

2024 Avg (April) 0.1021

2023 Avg (April) 0.1024

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1014	0.1001	0.1007
February	0.1020	0.1003	0.1012
March	0.1015	0.0994	0.1006
April	0.1033	0.1007	0.1021
May	0.1024	0.1003	0.1013
June	0.1015	0.0998	0.1008
July	0.1012	0.0985	0.0995
August	0.1012	0.0967	0.0991
September	0.0984	0.0957	0.0971
October	0.0997	0.0969	0.0987
November	0.1025	0.0987	0.1008
December	0.1030	0.1006	0.1018