2024 HKD to NZD Historical Review

YEARLY HIGH

0.2302 NZD

YEARLY LOW

0.2023 NZD

YEARLY AVERAGE

0.2119 NZD

2024 HKD to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.2302. Conversely, the yearly low was recorded on September 24, dropping to 0.2023.

This high-to-low spread represents a total annual volatility of 0.0279 NZD. From a start-to-finish perspective, comparing the January average rate of 0.2072 to the December average rate of 0.2242, the exchange rate registered a net change of 8.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2302 was up 4.28% compared to the 2023 peak of 0.2207, 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 5,754 NZD

2023 Average 5,203 NZD

Yearly Trough Low 5,057 NZD

Transaction Impact: A difference of 697.52 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2261

0.2044

JanuMarcMayJulySeptNove

HKD to NZD 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 0.2101, compared to 0.2138 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 0.2101

H2 Avg (Jul–Dec) 0.2138

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0126 NZD (High: 0.2302 / Low: 0.2176). On the other end, June was the most stable month, with a tight range of 0.0041 NZD (High: 0.2106 / Low: 0.2065).

December Spread (Volatile) ±0.0126

June Spread (Stable) ±0.0041

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0046 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2242) against the same month in 2023 (average: 0.2056), the exchange rate shifted by +0.0186 (+9.07%).

2024 Avg (December) 0.2242

2023 Avg (December) 0.2056

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2106	0.2028	0.2072
February	0.2112	0.2062	0.2086
March	0.2141	0.2069	0.2104
April	0.2175	0.2105	0.2145
May	0.2154	0.2079	0.2109
June	0.2106	0.2065	0.2087
July	0.2179	0.2084	0.2123
August	0.2157	0.2048	0.2108
September	0.2091	0.2023	0.2062
October	0.2156	0.2048	0.2119
November	0.2212	0.2137	0.2176
December	0.2302	0.2176	0.2242