YEARLY HIGH
0.1303 HKD
YEARLY LOW
0.0921 HKD
YEARLY AVERAGE
0.1111 HKD

2020 ARS to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ARS to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.1303. Conversely, the yearly low was recorded on December 30, dropping to 0.0921.

This high-to-low spread represents a total annual volatility of 0.0382 HKD. From a start-to-finish perspective, comparing the January average rate of 0.1297 to the December average rate of 0.0939, the exchange rate registered a net change of -27.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1303 was down 38.66% compared to the 2019 peak of 0.2124, 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 652 HKD
2019 Average 837 HKD
Yearly Trough Low 461 HKD
Transaction Impact: A difference of 190.89 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1333
0.0903
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 0.1207, compared to 0.1014 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0193 points.

H1 Avg (Jan–Jun) 0.1207
H2 Avg (Jul–Dec) 0.1014

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0053 HKD (High: 0.1257 / Low: 0.1204). On the other end, January was the most stable month, with a tight range of 0.0014 HKD (High: 0.1303 / Low: 0.1289).

March Spread (Volatile) ±0.0053
January Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0048 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.1297) against the same month in 2019 (average: 0.2099), the exchange rate shifted by -0.0802 (-38.19%).

2020 Avg (January) 0.1297
2019 Avg (January) 0.2099

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1303 0.1289 0.1297
February 0.1289 0.1255 0.1269
March 0.1257 0.1204 0.1231
April 0.1203 0.1160 0.1183
May 0.1178 0.1133 0.1148
June 0.1130 0.1101 0.1115
July 0.1099 0.1071 0.1087
August 0.1071 0.1046 0.1059
September 0.1044 0.1017 0.1031
October 0.1017 0.0990 0.1000
November 0.0989 0.0953 0.0971
December 0.0952 0.0921 0.0939