2024 HKD to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 HKD to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the HKD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 2, valuing the pair at 1117.5039. Conversely, the yearly low was recorded on March 23, dropping to 1093.5154.
This high-to-low spread represents a total annual volatility of 23.9885 GNF. From a start-to-finish perspective, comparing the January average rate of 1099.5952 to the December average rate of 1110.2456, the exchange rate registered a net change of 0.97% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 1117.5039 was down 0.61% compared to the 2023 peak of 1124.3145, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 HKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
HKD to GNF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1099.4456, compared to 1107.9024 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.4568 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 11.9972 GNF (High: 1108.3802 / Low: 1096.3830). On the other end, September was the most stable month, with a tight range of 3.9752 GNF (High: 1110.6679 / Low: 1106.6927).
Growth Streaks & Declines
TrendsBetween 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 2.8897 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2024: 1111.7317) against the same month in 2023 (average: 1099.0742), the exchange rate shifted by +12.6575 (+1.15%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1103.9895 | 1096.8380 | 1099.5952 |
| February | 1106.9517 | 1097.7452 | 1099.8296 |
| March | 1102.1146 | 1093.5154 | 1098.3825 |
| April | 1100.8049 | 1094.1180 | 1097.0536 |
| May | 1103.3038 | 1096.8753 | 1100.1421 |
| June | 1107.8120 | 1099.2337 | 1101.6708 |
| July | 1106.9605 | 1099.0762 | 1102.3255 |
| August | 1108.3802 | 1096.3830 | 1105.2513 |
| September | 1110.6679 | 1106.6927 | 1109.0183 |
| October | 1117.5039 | 1109.0774 | 1111.7317 |
| November | 1115.0833 | 1104.8191 | 1108.8421 |
| December | 1114.8630 | 1106.2151 | 1110.2456 |