2024 XCD to HKD Historical Review

YEARLY HIGH

2.9001 HKD

YEARLY LOW

2.8722 HKD

YEARLY AVERAGE

2.8873 HKD

2024 XCD to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XCD to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 14, valuing the pair at 2.9001. Conversely, the yearly low was recorded on December 27, dropping to 2.8722.

This high-to-low spread represents a total annual volatility of 0.0279 HKD. From a start-to-finish perspective, comparing the January average rate of 2.8923 to the December average rate of 2.8764, 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 2.9001 was down 0.16% compared to the 2023 peak of 2.9047, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,500 HKD

2023 Average 14,485 HKD

Yearly Trough Low 14,361 HKD

Transaction Impact: A difference of 139.50 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.8999

2.8726

JanuMarcMayJulySeptNove

XCD 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 2.8932, compared to 2.8813 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0119 points.

H1 Avg (Jan–Jun) 2.8932

H2 Avg (Jul–Dec) 2.8813

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0110 HKD (High: 2.8869 / Low: 2.8759). On the other end, July was the most stable month, with a tight range of 0.0030 HKD (High: 2.8917 / Low: 2.8886).

September Spread (Volatile) ±0.0110

July Spread (Stable) ±0.0030

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 0.0080 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0080

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 2.8976) against the same month in 2023 (average: 2.9045), the exchange rate shifted by -0.0068 (-0.24%).

2024 Avg (April) 2.8976

2023 Avg (April) 2.9045

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8959	2.8886	2.8923
February	2.8967	2.8927	2.8942
March	2.8968	2.8934	2.8949
April	2.9001	2.8949	2.8976
May	2.8947	2.8857	2.8903
June	2.8935	2.8879	2.8900
July	2.8917	2.8886	2.8898
August	2.8914	2.8817	2.8850
September	2.8869	2.8759	2.8829
October	2.8768	2.8724	2.8749
November	2.8812	2.8755	2.8788
December	2.8803	2.8722	2.8764