YEARLY HIGH
11.5880 HKD
YEARLY LOW
9.4343 HKD
YEARLY AVERAGE
10.5224 HKD

2016 FKP to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the FKP to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 23, valuing the pair at 11.5880. Conversely, the yearly low was recorded on October 27, dropping to 9.4343.

This high-to-low spread represents a total annual volatility of 2.1538 HKD. From a start-to-finish perspective, comparing the January average rate of 11.2067 to the December average rate of 9.6801, the exchange rate registered a net change of -13.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 11.5880 was down 5.88% compared to the 2015 peak of 12.3118, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 57,940 HKD
2015 Average 59,247 HKD
Yearly Trough Low 47,171 HKD
Transaction Impact: A difference of 10,768.77 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

11.4328
9.4121
JanuMarcMayJulySeptNove

FKP 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 11.1332, compared to 9.9116 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.2216 points.

H1 Avg (Jan–Jun) 11.1332
H2 Avg (Jul–Dec) 9.9116

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 1.3256 HKD (High: 11.5880 / Low: 10.2624). On the other end, May was the most stable month, with a tight range of 0.2700 HKD (High: 11.4160 / Low: 11.1460).

June Spread (Volatile) ±1.3256
May Spread (Stable) ±0.2700

Growth Streaks & Declines

Trends

Between March and May, 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 June and July, when the average rate fell by 0.8238 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.8238

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 11.0264) against the same month in 2015 (average: 12.0850), the exchange rate shifted by -1.0587 (-8.76%).

2016 Avg (June) 11.0264
2015 Avg (June) 12.0850

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.4392 11.0662 11.2067
February 11.3684 10.7760 11.1382
March 11.2289 10.8475 11.0696
April 11.3355 10.9051 11.0941
May 11.4160 11.1460 11.2644
June 11.5880 10.2624 11.0264
July 10.3474 10.0080 10.2025
August 10.3558 9.9927 10.1523
September 10.4080 10.0556 10.1974
October 10.0648 9.4343 9.5805
November 9.7755 9.4931 9.6567
December 9.8746 9.4803 9.6801