YEARLY HIGH
0.1028 HKD
YEARLY LOW
0.0993 HKD
YEARLY AVERAGE
0.1009 HKD

2020 AFN to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the AFN to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 2, valuing the pair at 0.1028. Conversely, the yearly low was recorded on August 23, dropping to 0.0993.

This high-to-low spread represents a total annual volatility of 0.0035 HKD. From a start-to-finish perspective, comparing the January average rate of 0.1007 to the December average rate of 0.1006, the exchange rate registered a net change of -0.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1028 was down 2.41% compared to the 2019 peak of 0.1054, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 514 HKD
2019 Average 503 HKD
Yearly Trough Low 497 HKD
Transaction Impact: A difference of 17.54 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1021
0.1001
JanuMarcMayJulySeptNove

AFN 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 0.1012, compared to 0.1007 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.1012
H2 Avg (Jul–Dec) 0.1007

Volatility Range Comparison

Volatility

The most volatile month in 2020 was February, with a trading range of 0.0030 HKD (High: 0.1028 / Low: 0.0997). On the other end, October was the most stable month, with a tight range of 0.0002 HKD (High: 0.1010 / Low: 0.1008).

February Spread (Volatile) ±0.0030
October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0011 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.1019) against the same month in 2019 (average: 0.1041), the exchange rate shifted by -0.0022 (-2.13%).

2020 Avg (March) 0.1019
2019 Avg (March) 0.1041

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1017 0.0996 0.1007
February 0.1028 0.0997 0.1011
March 0.1028 0.1008 0.1019
April 0.1022 0.1011 0.1018
May 0.1019 0.1011 0.1014
June 0.1011 0.0998 0.1003
July 0.1010 0.1003 0.1006
August 0.1010 0.0993 0.1006
September 0.1014 0.1005 0.1009
October 0.1010 0.1008 0.1008
November 0.1009 0.1006 0.1007
December 0.1008 0.1003 0.1006