2024 HKD to YER Historical Review

YEARLY HIGH

32.2499 YER

YEARLY LOW

31.8156 YER

YEARLY AVERAGE

32.0750 YER

2024 HKD to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 32.2499. Conversely, the yearly low was recorded on February 21, dropping to 31.8156.

This high-to-low spread represents a total annual volatility of 0.4343 YER. From a start-to-finish perspective, comparing the January average rate of 32.0274 to the December average rate of 32.1690, the exchange rate registered a net change of 0.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 32.2499 was up 0.36% compared to the 2023 peak of 32.1340, 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 806,246 YER

2023 Average 799,332 YER

Yearly Trough Low 795,389 YER

Transaction Impact: A difference of 10,857.58 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

32.2460

31.9468

JanuMarcMayJulySeptNove

HKD to YER 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 32.0156, compared to 32.1344 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1188 points.

H1 Avg (Jan–Jun) 32.0156

H2 Avg (Jul–Dec) 32.1344

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.2077 YER (High: 32.0233 / Low: 31.8156). On the other end, July was the most stable month, with a tight range of 0.0305 YER (High: 32.0688 / Low: 32.0384).

February Spread (Volatile) ±0.2077

July Spread (Stable) ±0.0305

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 0.0981 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0981

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 32.2211) against the same month in 2023 (average: 31.9909), the exchange rate shifted by +0.2302 (+0.72%).

2024 Avg (October) 32.2211

2023 Avg (October) 31.9909

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	32.0688	31.9913	32.0274
February	32.0233	31.8156	32.0002
March	32.0192	31.9747	32.0008
April	32.0024	31.9388	31.9717
May	32.0859	31.9871	32.0373
June	32.0768	32.0179	32.0564
July	32.0688	32.0384	32.0558
August	32.1488	32.0212	32.1075
September	32.2071	32.0813	32.1301
October	32.2499	32.1940	32.2211
November	32.1935	32.0902	32.1230
December	32.2049	32.1142	32.1690