2024 HKD to SYP Historical Review

YEARLY HIGH

1675.0298 SYP

YEARLY LOW

320.5719 SYP

YEARLY AVERAGE

361.9325 SYP

2024 HKD to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 1675.0298. Conversely, the yearly low was recorded on April 14, dropping to 320.5719.

This high-to-low spread represents a total annual volatility of 1354.4579 SYP. From a start-to-finish perspective, comparing the January average rate of 321.4371 to the December average rate of 802.4076, the exchange rate registered a net change of 149.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1675.0298 was up 419.29% compared to the 2023 peak of 322.5638, 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 41,875,745 SYP

2023 Average 8,023,126 SYP

Yearly Trough Low 8,014,296 SYP

Transaction Impact: A difference of 33,861,448.41 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

850.5638

272.6890

JanuMarcMayJulySeptNove

HKD to SYP 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 321.3355, compared to 402.5296 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 81.1940 points.

H1 Avg (Jan–Jun) 321.3355

H2 Avg (Jul–Dec) 402.5296

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 1352.2576 SYP (High: 1675.0298 / Low: 322.7722). On the other end, July was the most stable month, with a tight range of 0.3377 SYP (High: 321.8448 / Low: 321.5071).

December Spread (Volatile) ±1352.2576

July Spread (Stable) ±0.3377

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 0.4356 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.4356

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 802.4076) against the same month in 2023 (average: 321.7261), the exchange rate shifted by +480.6815 (+149.41%).

2024 Avg (December) 802.4076

2023 Avg (December) 321.7261

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	321.8448	321.0353	321.4371
February	321.3879	320.9474	321.2280
March	321.3149	320.9322	321.1491
April	321.1461	320.5719	320.8453
May	322.1750	321.1660	321.6601
June	321.9253	321.3018	321.6938
July	321.8448	321.5071	321.7179
August	322.6156	321.5339	322.2443
September	323.2652	322.0348	322.4844
October	323.6617	323.1654	323.3793
November	323.3192	322.6719	322.9438
December	1675.0298	322.7722	802.4076