YEARLY HIGH
61.1743 KMF
YEARLY LOW
56.5571 KMF
YEARLY AVERAGE
58.3331 KMF

2024 HKD to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 61.1743. Conversely, the yearly low was recorded on August 27, dropping to 56.5571.

This high-to-low spread represents a total annual volatility of 4.6172 KMF. From a start-to-finish perspective, comparing the January average rate of 57.7423 to the December average rate of 60.4572, the exchange rate registered a net change of 4.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 61.1743 was up 1.76% compared to the 2023 peak of 60.1138, 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 1,529,358 KMF
2023 Average 1,454,520 KMF
Yearly Trough Low 1,413,928 KMF
Transaction Impact: A difference of 115,430.61 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

60.8103
56.5735
JanuMarcMayJulySeptNove

HKD to KMF 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 58.2403, compared to 58.4259 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1856 points.

H1 Avg (Jan–Jun) 58.2403
H2 Avg (Jul–Dec) 58.4259

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 2.7653 KMF (High: 60.7053 / Low: 57.9400). On the other end, September was the most stable month, with a tight range of 0.7425 KMF (High: 57.3195 / Low: 56.5770).

November Spread (Volatile) ±2.7653
September Spread (Stable) ±0.7425

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 July and August, when the average rate fell by 0.7892 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.7892

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 60.4572) against the same month in 2023 (average: 57.7683), the exchange rate shifted by +2.6890 (+4.65%).

2024 Avg (December) 60.4572
2023 Avg (December) 57.7683

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 58.2932 56.9948 57.7423
February 58.7846 57.9808 58.3056
March 58.3138 57.4836 57.9161
April 59.2056 57.8780 58.6089
May 58.9660 57.9612 58.3536
June 59.0093 57.8592 58.5152
July 58.7836 57.6871 58.1611
August 58.4725 56.5571 57.3719
September 57.3195 56.5770 56.9266
October 58.6740 57.2500 58.1226
November 60.7053 57.9400 59.5160
December 61.1743 59.8955 60.4572