2021 FKP to HKD Historical Review

YEARLY HIGH

11.0413 HKD

YEARLY LOW

10.3006 HKD

YEARLY AVERAGE

10.6930 HKD

2021 FKP to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the FKP to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 11.0413. Conversely, the yearly low was recorded on December 8, dropping to 10.3006.

This high-to-low spread represents a total annual volatility of 0.7407 HKD. From a start-to-finish perspective, comparing the January average rate of 10.5775 to the December average rate of 10.3796, the exchange rate registered a net change of -1.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 11.0413 was up 4.16% compared to the 2020 peak of 10.6005, 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 55,206 HKD

2020 Average 49,785 HKD

Yearly Trough Low 51,503 HKD

Transaction Impact: A difference of 3,703.62 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

10.9865

10.3244

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 10.7754, compared to 10.6106 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1649 points.

H1 Avg (Jan–Jun) 10.7754

H2 Avg (Jul–Dec) 10.6106

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 0.3898 HKD (High: 10.9706 / Low: 10.5808). On the other end, January was the most stable month, with a tight range of 0.1681 HKD (High: 10.6512 / Low: 10.4831).

February Spread (Volatile) ±0.3898

January Spread (Stable) ±0.1681

Growth Streaks & Declines

Trends

Between January and March, 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 October and November, when the average rate fell by 0.1737 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1737

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 10.9313) against the same month in 2020 (average: 9.5352), the exchange rate shifted by +1.3961 (+14.64%).

2021 Avg (May) 10.9313

2020 Avg (May) 9.5352

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.6512	10.4831	10.5775
February	10.9706	10.5808	10.7570
March	10.8525	10.6340	10.7606
April	10.8660	10.6605	10.7500
May	11.0413	10.7321	10.9313
June	10.9996	10.7134	10.8762
July	10.8504	10.5966	10.7346
August	10.8309	10.6132	10.7374
September	10.7765	10.4539	10.6914
October	10.7452	10.5448	10.6470
November	10.6587	10.3670	10.4733
December	10.5493	10.3006	10.3796