2024 HKD to TOP Historical Review

YEARLY HIGH

0.3089 TOP

YEARLY LOW

0.2983 TOP

YEARLY AVERAGE

0.3036 TOP

2024 HKD to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 0.3089. Conversely, the yearly low was recorded on January 2, dropping to 0.2983.

This high-to-low spread represents a total annual volatility of 0.0106 TOP. From a start-to-finish perspective, comparing the January average rate of 0.3013 to the December average rate of 0.3080, the exchange rate registered a net change of 2.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3089 was up 0.24% compared to the 2023 peak of 0.3082, 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 7,723 TOP

2023 Average 7,543 TOP

Yearly Trough Low 7,457 TOP

Transaction Impact: A difference of 265.52 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3087

0.3003

JanuMarcMayJulySeptNove

HKD to TOP 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 0.3028, compared to 0.3044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.3028

H2 Avg (Jul–Dec) 0.3044

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0065 TOP (High: 0.3067 / Low: 0.3002). On the other end, December was the most stable month, with a tight range of 0.0009 TOP (High: 0.3085 / Low: 0.3076).

October Spread (Volatile) ±0.0065

December Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0023 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.3073) against the same month in 2023 (average: 0.3053), the exchange rate shifted by +0.0020 (+0.65%).

2024 Avg (November) 0.3073

2023 Avg (November) 0.3053

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3031	0.2983	0.3013
February	0.3062	0.3015	0.3027
March	0.3042	0.3011	0.3027
April	0.3086	0.3022	0.3045
May	0.3053	0.3019	0.3032
June	0.3028	0.3012	0.3020
July	0.3055	0.3014	0.3030
August	0.3057	0.2998	0.3032
September	0.3020	0.2998	0.3010
October	0.3067	0.3002	0.3041
November	0.3089	0.3062	0.3073
December	0.3085	0.3076	0.3080