2024 HKD to PEN Historical Review

YEARLY HIGH

0.4962 PEN

YEARLY LOW

0.4687 PEN

YEARLY AVERAGE

0.4810 PEN

2024 HKD to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 0.4962. Conversely, the yearly low was recorded on April 8, dropping to 0.4687.

This high-to-low spread represents a total annual volatility of 0.0274 PEN. From a start-to-finish perspective, comparing the January average rate of 0.4774 to the December average rate of 0.4800, the exchange rate registered a net change of 0.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4962 was down 0.44% compared to the 2023 peak of 0.4984, 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 12,405 PEN

2023 Average 11,942 PEN

Yearly Trough Low 11,719 PEN

Transaction Impact: A difference of 685.92 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4910

0.4730

JanuMarcMayJulySeptNove

HKD to PEN 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 0.4797, compared to 0.4823 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.4797

H2 Avg (Jul–Dec) 0.4823

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0164 PEN (High: 0.4921 / Low: 0.4757). On the other end, August was the most stable month, with a tight range of 0.0066 PEN (High: 0.4817 / Low: 0.4750).

July Spread (Volatile) ±0.0164

August Spread (Stable) ±0.0066

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0147 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0147

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.4895) against the same month in 2023 (average: 0.4891), the exchange rate shifted by +0.0005 (+0.09%).

2024 Avg (February) 0.4895

2023 Avg (February) 0.4891

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4878	0.4724	0.4774
February	0.4962	0.4830	0.4895
March	0.4834	0.4693	0.4748
April	0.4811	0.4687	0.4745
May	0.4811	0.4718	0.4777
June	0.4911	0.4770	0.4844
July	0.4921	0.4757	0.4819
August	0.4817	0.4750	0.4790
September	0.4896	0.4780	0.4838
October	0.4856	0.4769	0.4828
November	0.4891	0.4804	0.4860
December	0.4838	0.4770	0.4800