YEARLY HIGH
2.1363 TRY
YEARLY LOW
0.8979 TRY
YEARLY AVERAGE
1.1422 TRY

2021 HKD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HKD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 2.1363. Conversely, the yearly low was recorded on February 15, dropping to 0.8979.

This high-to-low spread represents a total annual volatility of 1.2383 TRY. From a start-to-finish perspective, comparing the January average rate of 0.9545 to the December average rate of 1.7257, the exchange rate registered a net change of 80.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.1363 was up 94.30% compared to the 2020 peak of 1.0995, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 53,407 TRY
2020 Average 22,638 TRY
Yearly Trough Low 22,449 TRY
Transaction Impact: A difference of 30,958.18 TRY purely based on transaction execution date.

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1.8067
0.8353
JanuMarcMayJulySeptNove

HKD to TRY 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 1.0181, compared to 1.2664 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2483 points.

H1 Avg (Jan–Jun) 1.0181
H2 Avg (Jul–Dec) 1.2664

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.7651 TRY (High: 2.1363 / Low: 1.3711). On the other end, January was the most stable month, with a tight range of 0.0263 TRY (High: 0.9656 / Low: 0.9393).

December Spread (Volatile) Âą0.7651
January Spread (Stable) Âą0.0263

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0382 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0382

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 1.7257) against the same month in 2020 (average: 0.9936), the exchange rate shifted by +0.7321 (+73.68%).

2021 Avg (December) 1.7257
2020 Avg (December) 0.9936

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Month High Low Average
January 0.9656 0.9393 0.9545
February 0.9573 0.8979 0.9163
March 1.0713 0.9296 0.9911
April 1.0848 1.0343 1.0532
May 1.1052 1.0607 1.0804
June 1.1309 1.0806 1.1129
July 1.1195 1.0877 1.1062
August 1.1118 1.0695 1.0894
September 1.1463 1.0657 1.1017
October 1.2507 1.1367 1.1879
November 1.7321 1.2265 1.3873
December 2.1363 1.3711 1.7257