YEARLY HIGH
0.0945 HKD
YEARLY LOW
0.0905 HKD
YEARLY AVERAGE
0.0933 HKD

2024 INR to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the INR to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0945. Conversely, the yearly low was recorded on December 30, dropping to 0.0905.

This high-to-low spread represents a total annual volatility of 0.0040 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0941 to the December average rate of 0.0915, the exchange rate registered a net change of -2.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0945 was down 2.29% compared to the 2023 peak of 0.0968, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 23,635 HKD
2023 Average 23,706 HKD
Yearly Trough Low 22,624 HKD
Transaction Impact: A difference of 1,011.20 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0946
0.0912
JanuMarcMayJulySeptNove

INR to HKD 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 0.0939, compared to 0.0926 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0939
H2 Avg (Jul–Dec) 0.0926

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0015 HKD (High: 0.0920 / Low: 0.0905). On the other end, February was the most stable month, with a tight range of 0.0003 HKD (High: 0.0944 / Low: 0.0941).

December Spread (Volatile) ±0.0015
February Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0008 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0942) against the same month in 2023 (average: 0.0954), the exchange rate shifted by -0.0012 (-1.31%).

2024 Avg (March) 0.0942
2023 Avg (March) 0.0954

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0944 0.0937 0.0941
February 0.0944 0.0941 0.0943
March 0.0945 0.0936 0.0942
April 0.0941 0.0936 0.0939
May 0.0941 0.0935 0.0937
June 0.0941 0.0934 0.0936
July 0.0936 0.0932 0.0934
August 0.0933 0.0928 0.0929
September 0.0933 0.0927 0.0930
October 0.0927 0.0923 0.0924
November 0.0925 0.0920 0.0922
December 0.0920 0.0905 0.0915