YEARLY HIGH
10.6799 HKD
YEARLY LOW
8.4199 HKD
YEARLY AVERAGE
9.6893 HKD

2022 FKP to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the FKP to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 10.6799. Conversely, the yearly low was recorded on September 27, dropping to 8.4199.

This high-to-low spread represents a total annual volatility of 2.2601 HKD. From a start-to-finish perspective, comparing the January average rate of 10.5619 to the December average rate of 9.4823, the exchange rate registered a net change of -10.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 10.6799 was down 3.27% compared to the 2021 peak of 11.0413, 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 53,400 HKD
2021 Average 53,462 HKD
Yearly Trough Low 42,099 HKD
Transaction Impact: A difference of 11,300.33 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

10.7313
8.6984
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 10.1673, compared to 9.2113 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9559 points.

H1 Avg (Jan–Jun) 10.1673
H2 Avg (Jul–Dec) 9.2113

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.7547 HKD (High: 9.1746 / Low: 8.4199). On the other end, February was the most stable month, with a tight range of 0.1789 HKD (High: 10.6192 / Low: 10.4403).

September Spread (Volatile) ±0.7547
February Spread (Stable) ±0.1789

Growth Streaks & Declines

Trends

Between October and December, 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 August and September, when the average rate fell by 0.4921 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.4921

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 10.5619) against the same month in 2021 (average: 10.5775), the exchange rate shifted by -0.0155 (-0.15%).

2022 Avg (January) 10.5619
2021 Avg (January) 10.5775

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.6799 10.4282 10.5619
February 10.6192 10.4403 10.5548
March 10.4675 10.1860 10.2996
April 10.2839 9.7809 10.1477
May 9.9251 9.5803 9.7726
June 9.8756 9.4284 9.6668
July 9.5578 9.2947 9.4271
August 9.6216 9.1018 9.3861
September 9.1746 8.4199 8.8940
October 9.1360 8.6068 8.8679
November 9.4582 8.7689 9.2104
December 9.6566 9.3756 9.4823