YEARLY HIGH
2701.4719 SLL
YEARLY LOW
2675.4831 SLL
YEARLY AVERAGE
2687.3981 SLL

2024 HKD to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 2701.4719. Conversely, the yearly low was recorded on April 14, dropping to 2675.4831.

This high-to-low spread represents a total annual volatility of 25.9888 SLL. From a start-to-finish perspective, comparing the January average rate of 2682.7042 to the December average rate of 2697.5089, the exchange rate registered a net change of 0.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2701.4719 was up 0.35% compared to the 2023 peak of 2692.1077, 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 67,536,797 SLL
2023 Average 60,953,298 SLL
Yearly Trough Low 66,887,077 SLL
Transaction Impact: A difference of 649,719.55 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2701.0292
2675.6501
JanuMarcMayJulySeptNove

HKD to SLL 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 2681.8568, compared to 2692.9394 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.0826 points.

H1 Avg (Jan–Jun) 2681.8568
H2 Avg (Jul–Dec) 2692.9394

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 10.2686 SLL (High: 2697.9614 / Low: 2687.6928). On the other end, July was the most stable month, with a tight range of 2.8185 SLL (High: 2686.1074 / Low: 2683.2889).

September Spread (Volatile) ±10.2686
July Spread (Stable) ±2.8185

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 3.6353 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -3.6353

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2697.5089) against the same month in 2023 (average: 2685.1167), the exchange rate shifted by +12.3922 (+0.46%).

2024 Avg (December) 2697.5089
2023 Avg (December) 2685.1167

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2686.1074 2679.3512 2682.7042
February 2682.2935 2678.6170 2680.9593
March 2681.6846 2678.4905 2680.3003
April 2680.2759 2675.4831 2677.7650
May 2688.8628 2680.4420 2684.5652
June 2686.7792 2681.5749 2684.8468
July 2686.1074 2683.2889 2685.0480
August 2692.5398 2683.5121 2689.4413
September 2697.9614 2687.6928 2691.4454
October 2701.2707 2697.1285 2698.9142
November 2698.4127 2693.0101 2695.2789
December 2701.4719 2693.8473 2697.5089