YEARLY HIGH
0.3482 XCD
YEARLY LOW
0.3448 XCD
YEARLY AVERAGE
0.3464 XCD

2024 HKD to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.3482. Conversely, the yearly low was recorded on April 14, dropping to 0.3448.

This high-to-low spread represents a total annual volatility of 0.0033 XCD. From a start-to-finish perspective, comparing the January average rate of 0.3457 to the December average rate of 0.3477, 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 0.3482 was up 0.35% compared to the 2023 peak of 0.3470, 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 8,704 XCD
2023 Average 8,630 XCD
Yearly Trough Low 8,620 XCD
Transaction Impact: A difference of 83.74 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3481
0.3448
JanuMarcMayJulySeptNove

HKD to XCD 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 0.3456, compared to 0.3471 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.3456
H2 Avg (Jul–Dec) 0.3471

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0013 XCD (High: 0.3477 / Low: 0.3464). On the other end, July was the most stable month, with a tight range of 0.0004 XCD (High: 0.3462 / Low: 0.3458).

September Spread (Volatile) ±0.0013
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: 0.3477) against the same month in 2023 (average: 0.3461), the exchange rate shifted by +0.0016 (+0.46%).

2024 Avg (December) 0.3477
2023 Avg (December) 0.3461

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3462 0.3453 0.3457
February 0.3457 0.3452 0.3455
March 0.3456 0.3452 0.3454
April 0.3454 0.3448 0.3451
May 0.3465 0.3455 0.3460
June 0.3463 0.3456 0.3460
July 0.3462 0.3458 0.3460
August 0.3470 0.3459 0.3466
September 0.3477 0.3464 0.3469
October 0.3481 0.3476 0.3478
November 0.3478 0.3471 0.3474
December 0.3482 0.3472 0.3477