YEARLY HIGH
0.2124 HKD
YEARLY LOW
0.1299 HKD
YEARLY AVERAGE
0.1677 HKD

2019 ARS to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ARS to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.2124. Conversely, the yearly low was recorded on December 23, dropping to 0.1299.

This high-to-low spread represents a total annual volatility of 0.0825 HKD. From a start-to-finish perspective, comparing the January average rate of 0.2099 to the December average rate of 0.1305, the exchange rate registered a net change of -37.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.2124 was down 50.01% compared to the 2018 peak of 0.4250, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,062 HKD
2018 Average 1,497 HKD
Yearly Trough Low 650 HKD
Transaction Impact: A difference of 412.49 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.2178
0.1226
JanuMarcMayJulySeptNove

ARS 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 0.1902, compared to 0.1452 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0451 points.

H1 Avg (Jan–Jun) 0.1902
H2 Avg (Jul–Dec) 0.1452

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0464 HKD (High: 0.1767 / Low: 0.1303). On the other end, November was the most stable month, with a tight range of 0.0011 HKD (High: 0.1317 / Low: 0.1306).

August Spread (Volatile) ±0.0464
November Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between May and July, 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 July and August, when the average rate fell by 0.0319 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0319

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.2099) against the same month in 2018 (average: 0.4116), the exchange rate shifted by -0.2017 (-49.01%).

2019 Avg (January) 0.2099
2018 Avg (January) 0.4116

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2124 0.2074 0.2099
February 0.2112 0.1979 0.2048
March 0.1971 0.1789 0.1903
April 0.1885 0.1712 0.1822
May 0.1767 0.1734 0.1750
June 0.1844 0.1746 0.1792
July 0.1884 0.1784 0.1842
August 0.1767 0.1303 0.1523
September 0.1418 0.1318 0.1385
October 0.1366 0.1308 0.1342
November 0.1317 0.1306 0.1312
December 0.1312 0.1299 0.1305