2024 KWD to HKD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 KWD to HKD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the KWD to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 25.6635. Conversely, the yearly low was recorded on December 29, dropping to 25.1716.
This high-to-low spread represents a total annual volatility of 0.4919 HKD. From a start-to-finish perspective, comparing the January average rate of 25.4142 to the December average rate of 25.2620, the exchange rate registered a net change of -0.60% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 25.6635 was down 1.08% compared to the 2023 peak of 25.9435, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 KWD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
KWD to HKD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 25.4355, compared to 25.4212 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0143 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 0.2211 HKD (High: 25.6635 / Low: 25.4423). On the other end, March was the most stable month, with a tight range of 0.0570 HKD (High: 25.4801 / Low: 25.4231).
Growth Streaks & Declines
TrendsBetween May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.1686 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 25.5174) against the same month in 2023 (average: 25.4149), the exchange rate shifted by +0.1025 (+0.40%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 25.4609 | 25.3731 | 25.4142 |
| February | 25.4855 | 25.3646 | 25.4111 |
| March | 25.4801 | 25.4231 | 25.4481 |
| April | 25.4838 | 25.3781 | 25.4343 |
| May | 25.4807 | 25.3850 | 25.4290 |
| June | 25.5397 | 25.4247 | 25.4761 |
| July | 25.5705 | 25.4831 | 25.5354 |
| August | 25.6635 | 25.4423 | 25.5174 |
| September | 25.5696 | 25.4601 | 25.5263 |
| October | 25.4393 | 25.3133 | 25.3577 |
| November | 25.4782 | 25.2858 | 25.3282 |
| December | 25.3396 | 25.1716 | 25.2620 |