2024 HKD to INR Historical Review

YEARLY HIGH

11.0501 INR

YEARLY LOW

10.5774 INR

YEARLY AVERAGE

10.7237 INR

2024 HKD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 11.0501. Conversely, the yearly low was recorded on March 7, dropping to 10.5774.

This high-to-low spread represents a total annual volatility of 0.4728 INR. From a start-to-finish perspective, comparing the January average rate of 10.6323 to the December average rate of 10.9351, the exchange rate registered a net change of 2.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 11.0501 was up 3.25% compared to the 2023 peak of 10.7023, 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 276,254 INR

2023 Average 263,669 INR

Yearly Trough Low 264,435 INR

Transaction Impact: A difference of 11,819.11 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

10.9678

10.5752

JanuMarcMayJulySeptNove

HKD to INR 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 10.6449, compared to 10.8026 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1576 points.

H1 Avg (Jan–Jun) 10.6449

H2 Avg (Jul–Dec) 10.8026

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.1828 INR (High: 11.0501 / Low: 10.8673). On the other end, February was the most stable month, with a tight range of 0.0339 INR (High: 10.6226 / Low: 10.5887).

December Spread (Volatile) ±0.1828

February Spread (Stable) ±0.0339

Growth Streaks & Declines

Trends

Between February and August, 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 January and February, when the average rate fell by 0.0245 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0245

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 10.9351) against the same month in 2023 (average: 10.6592), the exchange rate shifted by +0.2759 (+2.59%).

2024 Avg (December) 10.9351

2023 Avg (December) 10.6592

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.6718	10.5917	10.6323
February	10.6226	10.5887	10.6079
March	10.6888	10.5774	10.6166
April	10.6829	10.6281	10.6521
May	10.7001	10.6308	10.6719
June	10.7112	10.6266	10.6887
July	10.7274	10.6805	10.7051
August	10.7795	10.7169	10.7586
September	10.7835	10.7152	10.7559
October	10.8311	10.7922	10.8172
November	10.8669	10.8100	10.8435
December	11.0501	10.8673	10.9351