2024 XDR to HKD Historical Review

YEARLY HIGH

10.5400 HKD

YEARLY LOW

10.1105 HKD

YEARLY AVERAGE

10.3614 HKD

2024 XDR to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XDR to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 10.5400. Conversely, the yearly low was recorded on December 28, dropping to 10.1105.

This high-to-low spread represents a total annual volatility of 0.4295 HKD. From a start-to-finish perspective, comparing the January average rate of 10.4375 to the December average rate of 10.1962, the exchange rate registered a net change of -2.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 10.5400 was down 1.93% compared to the 2023 peak of 10.7470, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 52,700 HKD

2023 Average 52,247 HKD

Yearly Trough Low 50,552 HKD

Transaction Impact: A difference of 2,147.54 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

10.5423

10.1648

JanuMarcMayJulySeptNove

XDR 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 10.3665, compared to 10.3563 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0102 points.

H1 Avg (Jan–Jun) 10.3665

H2 Avg (Jul–Dec) 10.3563

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.2422 HKD (High: 10.5400 / Low: 10.2978). On the other end, September was the most stable month, with a tight range of 0.0540 HKD (High: 10.5364 / Low: 10.4824).

October Spread (Volatile) ±0.2422

September Spread (Stable) ±0.0540

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 October and November, when the average rate fell by 0.1190 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1190

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 10.4023) against the same month in 2023 (average: 10.2766), the exchange rate shifted by +0.1256 (+1.22%).

2024 Avg (October) 10.4023

2023 Avg (October) 10.2766

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.5100	10.3922	10.4375
February	10.4332	10.2999	10.3814
March	10.4563	10.3555	10.4044
April	10.4169	10.2653	10.3424
May	10.3601	10.2927	10.3247
June	10.3701	10.2646	10.3088
July	10.3669	10.2738	10.3276
August	10.5101	10.3534	10.4179
September	10.5364	10.4824	10.5108
October	10.5400	10.2978	10.4023
November	10.3791	10.1657	10.2833
December	10.2641	10.1105	10.1962