2020 AZN to HKD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 AZN to HKD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the AZN to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 28, valuing the pair at 4.5786. Conversely, the yearly low was recorded on October 10, dropping to 4.5521.
This high-to-low spread represents a total annual volatility of 0.0265 HKD. From a start-to-finish perspective, comparing the January average rate of 4.5659 to the December average rate of 4.5535, the exchange rate registered a net change of -0.27% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 4.5786 was down 0.71% compared to the 2019 peak of 4.6114, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
AZN to HKD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 4.5590, compared to 4.5529 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0061 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 0.0244 HKD (High: 4.5777 / Low: 4.5533). On the other end, September was the most stable month, with a tight range of 0.0004 HKD (High: 4.5526 / Low: 4.5522).
Growth Streaks & Declines
TrendsBetween September and November, 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 March and April, when the average rate fell by 0.0080 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2020: 4.5669) against the same month in 2019 (average: 4.6095), the exchange rate shifted by -0.0427 (-0.93%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.5772 | 4.5617 | 4.5659 |
| February | 4.5786 | 4.5602 | 4.5669 |
| March | 4.5777 | 4.5533 | 4.5610 |
| April | 4.5540 | 4.5523 | 4.5531 |
| May | 4.5621 | 4.5523 | 4.5545 |
| June | 4.5532 | 4.5522 | 4.5524 |
| July | 4.5544 | 4.5521 | 4.5529 |
| August | 4.5530 | 4.5522 | 4.5524 |
| September | 4.5526 | 4.5522 | 4.5523 |
| October | 4.5547 | 4.5521 | 4.5527 |
| November | 4.5549 | 4.5525 | 4.5537 |
| December | 4.5548 | 4.5523 | 4.5535 |