2024 HKD to GEL Historical Review

YEARLY HIGH

0.3688 GEL

YEARLY LOW

0.3369 GEL

YEARLY AVERAGE

0.3483 GEL

2024 HKD to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 0.3688. Conversely, the yearly low was recorded on February 19, dropping to 0.3369.

This high-to-low spread represents a total annual volatility of 0.0318 GEL. From a start-to-finish perspective, comparing the January average rate of 0.3423 to the December average rate of 0.3621, the exchange rate registered a net change of 5.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3688 was up 5.99% compared to the 2023 peak of 0.3479, 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 9,219 GEL

2023 Average 8,378 GEL

Yearly Trough Low 8,423 GEL

Transaction Impact: A difference of 795.95 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3643

0.3368

JanuMarcMayJulySeptNove

HKD to GEL 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 0.3455, compared to 0.3512 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0057 points.

H1 Avg (Jan–Jun) 0.3455

H2 Avg (Jul–Dec) 0.3512

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0216 GEL (High: 0.3618 / Low: 0.3403). On the other end, August was the most stable month, with a tight range of 0.0032 GEL (High: 0.3471 / Low: 0.3439).

May Spread (Volatile) ±0.0216

August Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

Between August and December, 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 June and July, when the average rate fell by 0.0107 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0107

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.3621) against the same month in 2023 (average: 0.3439), the exchange rate shifted by +0.0182 (+5.28%).

2024 Avg (December) 0.3621

2023 Avg (December) 0.3439

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3444	0.3394	0.3423
February	0.3408	0.3369	0.3391
March	0.3471	0.3385	0.3419
April	0.3444	0.3396	0.3416
May	0.3618	0.3403	0.3470
June	0.3675	0.3551	0.3609
July	0.3584	0.3459	0.3502
August	0.3471	0.3439	0.3458
September	0.3518	0.3442	0.3469
October	0.3534	0.3495	0.3510
November	0.3614	0.3493	0.3514
December	0.3688	0.3601	0.3621