2024 HKD to LSL Historical Review

YEARLY HIGH

2.4695 LSL

YEARLY LOW

2.2096 LSL

YEARLY AVERAGE

2.3489 LSL

2024 HKD to LSL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to LSL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 2.4695. Conversely, the yearly low was recorded on September 29, dropping to 2.2096.

This high-to-low spread represents a total annual volatility of 0.2599 LSL. From a start-to-finish perspective, comparing the January average rate of 2.4042 to the December average rate of 2.3447, the exchange rate registered a net change of -2.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.4695 was down 2.20% compared to the 2023 peak of 2.5250, 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 61,736 LSL

2023 Average 58,949 LSL

Yearly Trough Low 55,240 LSL

Transaction Impact: A difference of 6,496.38 LSL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.4430

2.2443

JanuMarcMayJulySeptNove

HKD to LSL 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 2.3943, compared to 2.3034 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0909 points.

H1 Avg (Jan–Jun) 2.3943

H2 Avg (Jul–Dec) 2.3034

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.1572 LSL (High: 2.4283 / Low: 2.2712). On the other end, October was the most stable month, with a tight range of 0.0588 LSL (High: 2.2836 / Low: 2.2248).

December Spread (Volatile) ±0.1572

October Spread (Stable) ±0.0588

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 April and May, when the average rate fell by 0.0546 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0546

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 2.4264) against the same month in 2023 (average: 2.2818), the exchange rate shifted by +0.1447 (+6.34%).

2024 Avg (February) 2.4264

2023 Avg (February) 2.2818

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4526	2.3701	2.4042
February	2.4695	2.3780	2.4264
March	2.4406	2.3750	2.4107
April	2.4519	2.3579	2.4098
May	2.3868	2.3179	2.3552
June	2.4371	2.2915	2.3595
July	2.3648	2.2991	2.3348
August	2.3826	2.2618	2.3130
September	2.2992	2.2096	2.2608
October	2.2836	2.2248	2.2626
November	2.3438	2.2427	2.3046
December	2.4283	2.2712	2.3447