2024 LRD to HKD Historical Review

YEARLY HIGH

0.0435 HKD

YEARLY LOW

0.0389 HKD

YEARLY AVERAGE

0.0408 HKD

2024 LRD to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LRD to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 0.0435. Conversely, the yearly low was recorded on September 20, dropping to 0.0389.

This high-to-low spread represents a total annual volatility of 0.0045 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0413 to the December average rate of 0.0431, the exchange rate registered a net change of 4.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0435 was down 14.82% compared to the 2023 peak of 0.0510, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 LRD based on timing:

Yearly Peak High 217 HKD

2023 Average 225 HKD

Yearly Trough Low 195 HKD

Transaction Impact: A difference of 22.68 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0434

0.0395

JanuMarcMayJulySeptNove

LRD 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 0.0407, compared to 0.0409 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0407

H2 Avg (Jul–Dec) 0.0409

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0029 HKD (High: 0.0435 / Low: 0.0405). On the other end, May was the most stable month, with a tight range of 0.0002 HKD (High: 0.0405 / Low: 0.0403).

November Spread (Volatile) ±0.0029

May Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between September and December, 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 February and March, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0431) against the same month in 2023 (average: 0.0415), the exchange rate shifted by +0.0016 (+3.76%).

2024 Avg (December) 0.0431

2023 Avg (December) 0.0415

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0415	0.0411	0.0413
February	0.0412	0.0409	0.0411
March	0.0408	0.0406	0.0407
April	0.0417	0.0404	0.0406
May	0.0405	0.0403	0.0404
June	0.0404	0.0401	0.0402
July	0.0403	0.0400	0.0401
August	0.0401	0.0393	0.0399
September	0.0401	0.0389	0.0398
October	0.0405	0.0401	0.0403
November	0.0435	0.0405	0.0421
December	0.0435	0.0422	0.0431