YEARLY HIGH
10.6005 HKD
YEARLY LOW
8.9195 HKD
YEARLY AVERAGE
9.9571 HKD

2020 FKP to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the FKP to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 10.6005. Conversely, the yearly low was recorded on March 19, dropping to 8.9195.

This high-to-low spread represents a total annual volatility of 1.6810 HKD. From a start-to-finish perspective, comparing the January average rate of 10.1644 to the December average rate of 10.4254, the exchange rate registered a net change of 2.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 10.6005 was up 0.80% compared to the 2019 peak of 10.5168, 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 53,003 HKD
2019 Average 50,035 HKD
Yearly Trough Low 44,598 HKD
Transaction Impact: A difference of 8,405.00 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

10.5144
9.4462
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 9.7857, compared to 10.1285 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3428 points.

H1 Avg (Jan–Jun) 9.7857
H2 Avg (Jul–Dec) 10.1285

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.2556 HKD (High: 10.1752 / Low: 8.9195). On the other end, October was the most stable month, with a tight range of 0.1901 HKD (High: 10.1754 / Low: 9.9853).

March Spread (Volatile) ±1.2556
October Spread (Stable) ±0.1901

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.4723 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.4723

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 10.4254) against the same month in 2019 (average: 10.2335), the exchange rate shifted by +0.1919 (+1.88%).

2020 Avg (December) 10.4254
2019 Avg (December) 10.2335

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.3268 10.0928 10.1644
February 10.2550 9.9945 10.0829
March 10.1752 8.9195 9.6106
April 9.7864 9.4719 9.6215
May 9.7050 9.3669 9.5352
June 9.8715 9.5413 9.6995
July 10.1646 9.6620 9.8191
August 10.3569 10.1121 10.1833
September 10.3859 9.8535 10.0371
October 10.1754 9.9853 10.0592
November 10.3730 10.0162 10.2465
December 10.6005 10.2515 10.4254