YEARLY HIGH
0.0314 HKD
YEARLY LOW
0.0310 HKD
YEARLY AVERAGE
0.0312 HKD

2024 YER to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the YER to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 0.0314. Conversely, the yearly low was recorded on October 14, dropping to 0.0310.

This high-to-low spread represents a total annual volatility of 0.0004 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0312 to the December average rate of 0.0311, the exchange rate registered a net change of -0.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0314 was up 0.17% compared to the 2023 peak of 0.0314, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 157 HKD
2023 Average 156 HKD
Yearly Trough Low 155 HKD
Transaction Impact: A difference of 2.12 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0313
0.0310
JanuMarcMayJulySeptNove

YER 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 0.0312, compared to 0.0311 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0312
H2 Avg (Jul–Dec) 0.0311

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0002 HKD (High: 0.0314 / Low: 0.0312). On the other end, July was the most stable month, with a tight range of 0.0000 HKD (High: 0.0312 / Low: 0.0312).

February Spread (Volatile) ±0.0002
July Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0001 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0312) against the same month in 2023 (average: 0.0313), the exchange rate shifted by -0.0001 (-0.30%).

2024 Avg (February) 0.0312
2023 Avg (February) 0.0313

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0313 0.0312 0.0312
February 0.0314 0.0312 0.0312
March 0.0313 0.0312 0.0312
April 0.0313 0.0312 0.0313
May 0.0313 0.0312 0.0312
June 0.0312 0.0312 0.0312
July 0.0312 0.0312 0.0312
August 0.0312 0.0311 0.0311
September 0.0312 0.0310 0.0311
October 0.0311 0.0310 0.0310
November 0.0312 0.0311 0.0311
December 0.0311 0.0311 0.0311