YEARLY HIGH
73.9265 SOS
YEARLY LOW
72.5305 SOS
YEARLY AVERAGE
73.2186 SOS

2024 HKD to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 73.9265. Conversely, the yearly low was recorded on August 3, dropping to 72.5305.

This high-to-low spread represents a total annual volatility of 1.3960 SOS. From a start-to-finish perspective, comparing the January average rate of 73.0815 to the December average rate of 73.4961, the exchange rate registered a net change of 0.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 73.9265 was up 0.44% compared to the 2023 peak of 73.6026, 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 1,848,162 SOS
2023 Average 1,818,028 SOS
Yearly Trough Low 1,813,262 SOS
Transaction Impact: A difference of 34,900.28 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

73.6340
72.8959
JanuMarcMayJulySeptNove

HKD to SOS 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 73.0703, compared to 73.3669 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2966 points.

H1 Avg (Jan–Jun) 73.0703
H2 Avg (Jul–Dec) 73.3669

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 1.0140 SOS (High: 73.5445 / Low: 72.5305). On the other end, July was the most stable month, with a tight range of 0.2785 SOS (High: 73.2212 / Low: 72.9427).

August Spread (Volatile) ±1.0140
July Spread (Stable) ±0.2785

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 0.0981 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0981

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 73.4744) against the same month in 2023 (average: 73.0834), the exchange rate shifted by +0.3910 (+0.53%).

2024 Avg (November) 73.4744
2023 Avg (November) 73.0834

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 73.3750 72.8724 73.0815
February 73.7352 72.8583 73.0947
March 73.2811 72.7092 73.0212
April 73.1841 72.7487 72.9574
May 73.3609 72.8587 73.1096
June 73.6433 72.9974 73.1576
July 73.2212 72.9427 73.1384
August 73.5445 72.5305 73.1730
September 73.7756 73.1287 73.3471
October 73.8823 73.4630 73.5725
November 73.9265 73.3030 73.4744
December 73.7143 73.2126 73.4961