2024 SBD to HKD Historical Review

YEARLY HIGH

0.9401 HKD

YEARLY LOW

0.8945 HKD

YEARLY AVERAGE

0.9264 HKD

2024 SBD to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SBD to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 13, valuing the pair at 0.9401. Conversely, the yearly low was recorded on March 12, dropping to 0.8945.

This high-to-low spread represents a total annual volatility of 0.0457 HKD. From a start-to-finish perspective, comparing the January average rate of 0.9283 to the December average rate of 0.9277, the exchange rate registered a net change of -0.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.9401 was down 1.81% compared to the 2023 peak of 0.9575, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,701 HKD

2023 Average 4,691 HKD

Yearly Trough Low 4,472 HKD

Transaction Impact: A difference of 228.29 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.9369

0.9180

JanuMarcMayJulySeptNove

SBD 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 0.9241, compared to 0.9286 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0045 points.

H1 Avg (Jan–Jun) 0.9241

H2 Avg (Jul–Dec) 0.9286

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0364 HKD (High: 0.9309 / Low: 0.8945). On the other end, May was the most stable month, with a tight range of 0.0057 HKD (High: 0.9223 / Low: 0.9166).

March Spread (Volatile) ±0.0364

May Spread (Stable) ±0.0057

Growth Streaks & Declines

Trends

Between 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 July and August, when the average rate fell by 0.0047 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 0.9353) against the same month in 2023 (average: 0.9279), the exchange rate shifted by +0.0074 (+0.79%).

2024 Avg (October) 0.9353

2023 Avg (October) 0.9279

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9367	0.9235	0.9283
February	0.9305	0.9189	0.9253
March	0.9309	0.8945	0.9242
April	0.9279	0.9165	0.9236
May	0.9223	0.9166	0.9206
June	0.9257	0.9195	0.9230
July	0.9296	0.9210	0.9243
August	0.9284	0.9117	0.9196
September	0.9383	0.9199	0.9342
October	0.9401	0.9305	0.9353
November	0.9364	0.9274	0.9306
December	0.9336	0.9259	0.9277