2024 HKD to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 HKD to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the HKD to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 190.3197. Conversely, the yearly low was recorded on January 1, dropping to 163.9670.
This high-to-low spread represents a total annual volatility of 26.3527 KRW. From a start-to-finish perspective, comparing the January average rate of 169.4743 to the December average rate of 185.3414, the exchange rate registered a net change of 9.36% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 190.3197 was up 9.61% compared to the 2023 peak of 173.6405, 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 KRW 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 172.7637, compared to 176.8040 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.0403 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 10.9805 KRW (High: 190.3197 / Low: 179.3393). On the other end, February was the most stable month, with a tight range of 2.1769 KRW (High: 171.5249 / Low: 169.3480).
Growth Streaks & Declines
TrendsBetween 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 3.8441 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 185.3414) against the same month in 2023 (average: 166.6459), the exchange rate shifted by +18.6955 (+11.22%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 171.9681 | 163.9670 | 169.4743 |
| February | 171.5249 | 169.3480 | 170.3610 |
| March | 172.6205 | 167.6625 | 170.3191 |
| April | 177.7065 | 171.8620 | 174.9400 |
| May | 176.9057 | 172.7071 | 174.6043 |
| June | 178.5318 | 174.8541 | 176.8837 |
| July | 177.9596 | 175.2171 | 177.0049 |
| August | 176.6363 | 169.9327 | 173.1608 |
| September | 172.4138 | 168.5587 | 170.7174 |
| October | 178.7731 | 170.6695 | 175.2954 |
| November | 181.0626 | 176.7721 | 179.3044 |
| December | 190.3197 | 179.3393 | 185.3414 |