YEARLY HIGH
0.1532 HKD
YEARLY LOW
0.1494 HKD
YEARLY AVERAGE
0.1507 HKD

2020 GMD to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GMD to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 0.1532. Conversely, the yearly low was recorded on September 3, dropping to 0.1494.

This high-to-low spread represents a total annual volatility of 0.0038 HKD. From a start-to-finish perspective, comparing the January average rate of 0.1519 to the December average rate of 0.1498, the exchange rate registered a net change of -1.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1532 was down 3.81% compared to the 2019 peak of 0.1593, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 766 HKD
2019 Average 782 HKD
Yearly Trough Low 747 HKD
Transaction Impact: A difference of 19.10 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1528
0.1493
JanuMarcMayJulySeptNove

GMD 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 0.1517, compared to 0.1497 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.1517
H2 Avg (Jul–Dec) 0.1497

Volatility Range Comparison

Volatility

The most volatile month in 2020 was May, with a trading range of 0.0016 HKD (High: 0.1519 / Low: 0.1504). On the other end, December was the most stable month, with a tight range of 0.0002 HKD (High: 0.1498 / Low: 0.1496).

May Spread (Volatile) ±0.0016
December Spread (Stable) ±0.0002

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 April and May, when the average rate fell by 0.0010 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.1524) against the same month in 2019 (average: 0.1584), the exchange rate shifted by -0.0060 (-3.81%).

2020 Avg (February) 0.1524
2019 Avg (February) 0.1584

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1522 0.1512 0.1519
February 0.1532 0.1518 0.1524
March 0.1531 0.1521 0.1525
April 0.1523 0.1516 0.1520
May 0.1519 0.1504 0.1510
June 0.1505 0.1499 0.1502
July 0.1503 0.1496 0.1498
August 0.1496 0.1494 0.1496
September 0.1499 0.1494 0.1497
October 0.1498 0.1496 0.1498
November 0.1498 0.1496 0.1498
December 0.1498 0.1496 0.1498