2024 HKD to WST Historical Review

YEARLY HIGH

0.3607 WST

YEARLY LOW

0.3572 WST

YEARLY AVERAGE

0.3588 WST

2024 HKD to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.3607. Conversely, the yearly low was recorded on April 14, dropping to 0.3572.

This high-to-low spread represents a total annual volatility of 0.0035 WST. From a start-to-finish perspective, comparing the January average rate of 0.3582 to the December average rate of 0.3602, 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 0.3607 was up 0.35% compared to the 2023 peak of 0.3595, 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 9,018 WST

2023 Average 8,724 WST

Yearly Trough Low 8,931 WST

Transaction Impact: A difference of 86.76 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3607

0.3573

JanuMarcMayJulySeptNove

HKD to WST 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 0.3581, compared to 0.3596 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.3581

H2 Avg (Jul–Dec) 0.3596

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0014 WST (High: 0.3603 / Low: 0.3589). On the other end, July was the most stable month, with a tight range of 0.0004 WST (High: 0.3587 / Low: 0.3583).

September Spread (Volatile) ±0.0014

July Spread (Stable) ±0.0004

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 0.0005 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.3602) against the same month in 2023 (average: 0.3585), the exchange rate shifted by +0.0017 (+0.46%).

2024 Avg (December) 0.3602

2023 Avg (December) 0.3585

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3587	0.3578	0.3582
February	0.3582	0.3577	0.3580
March	0.3581	0.3577	0.3579
April	0.3579	0.3572	0.3576
May	0.3590	0.3579	0.3585
June	0.3588	0.3581	0.3585
July	0.3587	0.3583	0.3585
August	0.3595	0.3583	0.3591
September	0.3603	0.3589	0.3594
October	0.3607	0.3601	0.3604
November	0.3603	0.3596	0.3599
December	0.3607	0.3597	0.3602