2024 HKD to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 HKD to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the HKD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 5443.0094. Conversely, the yearly low was recorded on April 11, dropping to 5366.7522.
This high-to-low spread represents a total annual volatility of 76.2572 IRR. From a start-to-finish perspective, comparing the January average rate of 5379.4543 to the December average rate of 5426.5237, the exchange rate registered a net change of 0.87% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 5443.0094 was up 0.21% compared to the 2023 peak of 5431.6947, 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 IRR 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 5380.1591, compared to 5408.4157 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 28.2566 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 36.2378 IRR (High: 5443.0094 / Low: 5406.7716). On the other end, March was the most stable month, with a tight range of 5.9367 IRR (High: 5376.1379 / Low: 5370.2012).
Growth Streaks & Declines
TrendsBetween July and October, 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 October and November, when the average rate fell by 8.4852 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 5426.5237) against the same month in 2023 (average: 5407.5271), the exchange rate shifted by +18.9966 (+0.35%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5390.9236 | 5371.2881 | 5379.4543 |
| February | 5383.5572 | 5368.8583 | 5374.7875 |
| March | 5376.1379 | 5370.2012 | 5373.6684 |
| April | 5396.4301 | 5366.7522 | 5372.6415 |
| May | 5406.0279 | 5376.6705 | 5388.4498 |
| June | 5410.5971 | 5387.3034 | 5391.9528 |
| July | 5412.0317 | 5385.5800 | 5391.2278 |
| August | 5406.1515 | 5386.6679 | 5399.3454 |
| September | 5423.0283 | 5396.6620 | 5404.2078 |
| October | 5436.8996 | 5414.5576 | 5418.8374 |
| November | 5418.1867 | 5405.5617 | 5410.3521 |
| December | 5443.0094 | 5406.7716 | 5426.5237 |