YEARLY HIGH
0.0989 XDR
YEARLY LOW
0.0949 XDR
YEARLY AVERAGE
0.0965 XDR

2024 HKD to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.0989. Conversely, the yearly low was recorded on October 1, dropping to 0.0949.

This high-to-low spread represents a total annual volatility of 0.0040 XDR. From a start-to-finish perspective, comparing the January average rate of 0.0958 to the December average rate of 0.0981, the exchange rate registered a net change of 2.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0989 was up 1.25% compared to the 2023 peak of 0.0977, 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 2,473 XDR
2023 Average 2,393 XDR
Yearly Trough Low 2,372 XDR
Transaction Impact: A difference of 100.76 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0984
0.0948
JanuMarcMayJulySeptNove

HKD to XDR 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 0.0965, compared to 0.0966 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0965
H2 Avg (Jul–Dec) 0.0966

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0022 XDR (High: 0.0971 / Low: 0.0949). On the other end, September was the most stable month, with a tight range of 0.0005 XDR (High: 0.0954 / Low: 0.0949).

October Spread (Volatile) ±0.0022
September Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between March and June, 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 0.0009 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0981) against the same month in 2023 (average: 0.0960), the exchange rate shifted by +0.0021 (+2.15%).

2024 Avg (December) 0.0981
2023 Avg (December) 0.0960

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0962 0.0951 0.0958
February 0.0971 0.0958 0.0963
March 0.0966 0.0956 0.0961
April 0.0974 0.0960 0.0967
May 0.0972 0.0965 0.0969
June 0.0974 0.0964 0.0970
July 0.0973 0.0965 0.0968
August 0.0966 0.0951 0.0960
September 0.0954 0.0949 0.0951
October 0.0971 0.0949 0.0961
November 0.0984 0.0963 0.0972
December 0.0989 0.0974 0.0981