2024 WST to HKD Historical Review

YEARLY HIGH

2.7992 HKD

YEARLY LOW

2.7722 HKD

YEARLY AVERAGE

2.7868 HKD

2024 WST to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the WST to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 14, valuing the pair at 2.7992. Conversely, the yearly low was recorded on December 27, dropping to 2.7722.

This high-to-low spread represents a total annual volatility of 0.0269 HKD. From a start-to-finish perspective, comparing the January average rate of 2.7916 to the December average rate of 2.7763, the exchange rate registered a net change of -0.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.7992 was down 3.81% compared to the 2023 peak of 2.9101, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,996 HKD

2023 Average 14,331 HKD

Yearly Trough Low 13,861 HKD

Transaction Impact: A difference of 134.64 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.7990

2.7727

JanuMarcMayJulySeptNove

WST 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 2.7925, compared to 2.7810 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0115 points.

H1 Avg (Jan–Jun) 2.7925

H2 Avg (Jul–Dec) 2.7810

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0106 HKD (High: 2.7864 / Low: 2.7758). On the other end, July was the most stable month, with a tight range of 0.0029 HKD (High: 2.7910 / Low: 2.7881).

September Spread (Volatile) ±0.0106

July Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

Between January and April, 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 0.0077 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0077

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 2.7968) against the same month in 2023 (average: 2.8800), the exchange rate shifted by -0.0832 (-2.89%).

2024 Avg (April) 2.7968

2023 Avg (April) 2.8800

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7951	2.7881	2.7916
February	2.7959	2.7921	2.7934
March	2.7960	2.7927	2.7941
April	2.7992	2.7942	2.7968
May	2.7940	2.7852	2.7897
June	2.7928	2.7874	2.7894
July	2.7910	2.7881	2.7892
August	2.7908	2.7814	2.7846
September	2.7864	2.7758	2.7826
October	2.7767	2.7724	2.7749
November	2.7809	2.7754	2.7786
December	2.7801	2.7722	2.7763