YEARLY HIGH
2.0490 HKD
YEARLY LOW
1.6952 HKD
YEARLY AVERAGE
1.9604 HKD

2024 PLN to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 2.0490. Conversely, the yearly low was recorded on January 1, dropping to 1.6952.

This high-to-low spread represents a total annual volatility of 0.3538 HKD. From a start-to-finish perspective, comparing the January average rate of 1.9459 to the December average rate of 1.9068, the exchange rate registered a net change of -2.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.0490 was up 2.05% compared to the 2023 peak of 2.0078, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 40,980 HKD
2023 Average 37,350 HKD
Yearly Trough Low 33,904 HKD
Transaction Impact: A difference of 7,075.78 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.0355
1.8951
JanuMarcMayJulySeptNove

PLN 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 1.9568, compared to 1.9640 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0072 points.

H1 Avg (Jan–Jun) 1.9568
H2 Avg (Jul–Dec) 1.9640

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.2835 HKD (High: 1.9787 / Low: 1.6952). On the other end, February was the most stable month, with a tight range of 0.0401 HKD (High: 1.9701 / Low: 1.9299).

January Spread (Volatile) ±0.2835
February Spread (Stable) ±0.0401

Growth Streaks & Declines

Trends

Between June and September, 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 September and October, when the average rate fell by 0.0625 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0625

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 2.0036) against the same month in 2023 (average: 1.9151), the exchange rate shifted by +0.0884 (+4.62%).

2024 Avg (August) 2.0036
2023 Avg (August) 1.9151

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9787 1.6952 1.9459
February 1.9701 1.9299 1.9522
March 2.0005 1.9561 1.9743
April 1.9969 1.9047 1.9511
May 1.9946 1.9352 1.9720
June 1.9960 1.9083 1.9451
July 2.0020 1.9429 1.9799
August 2.0490 1.9592 2.0036
September 2.0470 2.0017 2.0238
October 2.0052 1.9271 1.9613
November 1.9510 1.8695 1.9084
December 1.9311 1.8791 1.9068