2024 HKD to KPW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 HKD to KPW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the HKD to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 115.9458. Conversely, the yearly low was recorded on April 14, dropping to 114.8303.
This high-to-low spread represents a total annual volatility of 1.1154 KPW. From a start-to-finish perspective, comparing the January average rate of 115.1403 to the December average rate of 115.7757, the exchange rate registered a net change of 0.55% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 115.9458 was up 0.35% compared to the 2023 peak of 115.5439, 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 KPW 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 115.1039, compared to 115.5796 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4757 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was September, with a trading range of 0.4407 KPW (High: 115.7951 / Low: 115.3544). On the other end, July was the most stable month, with a tight range of 0.1210 KPW (High: 115.2863 / Low: 115.1654).
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 0.1560 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 115.7757) against the same month in 2023 (average: 115.2438), the exchange rate shifted by +0.5319 (+0.46%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 115.2863 | 114.9964 | 115.1403 |
| February | 115.1226 | 114.9648 | 115.0654 |
| March | 115.0965 | 114.9594 | 115.0371 |
| April | 115.0360 | 114.8303 | 114.9283 |
| May | 115.4046 | 115.0432 | 115.2201 |
| June | 115.3152 | 115.0918 | 115.2322 |
| July | 115.2863 | 115.1654 | 115.2409 |
| August | 115.5624 | 115.1749 | 115.4294 |
| September | 115.7951 | 115.3544 | 115.5154 |
| October | 115.9371 | 115.7593 | 115.8360 |
| November | 115.8145 | 115.5826 | 115.6800 |
| December | 115.9458 | 115.6185 | 115.7757 |