YEARLY HIGH
1.9409 SCR
YEARLY LOW
1.6435 SCR
YEARLY AVERAGE
1.7522 SCR

2024 HKD to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 1.9409. Conversely, the yearly low was recorded on August 27, dropping to 1.6435.

This high-to-low spread represents a total annual volatility of 0.2974 SCR. From a start-to-finish perspective, comparing the January average rate of 1.7121 to the December average rate of 1.8161, the exchange rate registered a net change of 6.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.9409 was up 7.10% compared to the 2023 peak of 1.8123, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 48,522 SCR
2023 Average 42,918 SCR
Yearly Trough Low 41,087 SCR
Transaction Impact: A difference of 7,435.23 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.8265
1.7017
JanuMarcMayJulySeptNove

HKD to SCR 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 1.7371, compared to 1.7672 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0301 points.

H1 Avg (Jan–Jun) 1.7371
H2 Avg (Jul–Dec) 1.7672

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.2807 SCR (High: 1.9242 / Low: 1.6435). On the other end, May was the most stable month, with a tight range of 0.0541 SCR (High: 1.7709 / Low: 1.7168).

August Spread (Volatile) ±0.2807
May Spread (Stable) ±0.0541

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 August and September, when the average rate fell by 0.0355 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0355

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 1.8161) against the same month in 2023 (average: 1.7203), the exchange rate shifted by +0.0958 (+5.57%).

2024 Avg (December) 1.8161
2023 Avg (December) 1.7203

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7777 1.6696 1.7121
February 1.7669 1.6861 1.7207
March 1.8201 1.7042 1.7374
April 1.8344 1.7109 1.7356
May 1.7709 1.7168 1.7484
June 1.8811 1.7362 1.7687
July 1.8069 1.7288 1.7665
August 1.9242 1.6435 1.7616
September 1.7928 1.6468 1.7262
October 1.9383 1.6828 1.7653
November 1.8374 1.7228 1.7674
December 1.9409 1.7098 1.8161