YEARLY HIGH
1032.0885 PYG
YEARLY LOW
926.4443 PYG
YEARLY AVERAGE
968.7094 PYG

2024 HKD to PYG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 1032.0885. Conversely, the yearly low was recorded on January 7, dropping to 926.4443.

This high-to-low spread represents a total annual volatility of 105.6442 PYG. From a start-to-finish perspective, comparing the January average rate of 931.6046 to the December average rate of 1004.2212, the exchange rate registered a net change of 7.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1032.0885 was up 7.84% compared to the 2023 peak of 957.0707, 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 25,802,212 PYG
2023 Average 23,271,759 PYG
Yearly Trough Low 23,161,107 PYG
Transaction Impact: A difference of 2,641,104.58 PYG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1021.4110
923.2473
JanuMarcMayJulySeptNove

HKD to PYG 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 944.4684, compared to 992.9503 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 48.4820 points.

H1 Avg (Jan–Jun) 944.4684
H2 Avg (Jul–Dec) 992.9503

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 30.1759 PYG (High: 1032.0885 / Low: 1001.9126). On the other end, December was the most stable month, with a tight range of 7.8113 PYG (High: 1006.9688 / Low: 999.1575).

October Spread (Volatile) ±30.1759
December Spread (Stable) ±7.8113

Growth Streaks & Declines

Trends

Between February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 7.9612 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -7.9612

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 1013.2307) against the same month in 2023 (average: 941.9718), the exchange rate shifted by +71.2589 (+7.56%).

2024 Avg (October) 1013.2307
2023 Avg (October) 941.9718

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 935.6334 926.4443 931.6046
February 939.1159 928.7204 931.4276
March 944.6654 930.0342 934.9244
April 955.5560 937.9080 944.5378
May 965.7264 954.3234 960.2297
June 970.5201 960.6327 964.0860
July 971.6612 961.8351 966.6499
August 985.8135 961.5864 972.2005
September 1004.1352 983.7887 996.1302
October 1032.0885 1001.9126 1013.2307
November 1015.8124 996.8780 1005.2695
December 1006.9688 999.1575 1004.2212