YEARLY HIGH
0.1525 HKD
YEARLY LOW
0.1476 HKD
YEARLY AVERAGE
0.1509 HKD

2021 GMD to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GMD to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 0.1525. Conversely, the yearly low was recorded on December 19, dropping to 0.1476.

This high-to-low spread represents a total annual volatility of 0.0049 HKD. From a start-to-finish perspective, comparing the January average rate of 0.1501 to the December average rate of 0.1485, the exchange rate registered a net change of -1.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1525 was down 0.49% compared to the 2020 peak of 0.1532, 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 762 HKD
2020 Average 753 HKD
Yearly Trough Low 738 HKD
Transaction Impact: A difference of 24.52 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1526
0.1481
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 0.1513, compared to 0.1505 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.1513
H2 Avg (Jul–Dec) 0.1505

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.0024 HKD (High: 0.1520 / Low: 0.1495). On the other end, June was the most stable month, with a tight range of 0.0004 HKD (High: 0.1520 / Low: 0.1516).

September Spread (Volatile) ±0.0024
June Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and April, 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 September and October, when the average rate fell by 0.0012 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2021: 0.1522) against the same month in 2020 (average: 0.1496), the exchange rate shifted by +0.0026 (+1.74%).

2021 Avg (August) 0.1522
2020 Avg (August) 0.1496

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1506 0.1498 0.1501
February 0.1513 0.1504 0.1508
March 0.1517 0.1507 0.1514
April 0.1523 0.1516 0.1519
May 0.1519 0.1514 0.1517
June 0.1520 0.1516 0.1518
July 0.1522 0.1517 0.1519
August 0.1525 0.1520 0.1522
September 0.1520 0.1495 0.1513
October 0.1512 0.1493 0.1501
November 0.1497 0.1486 0.1492
December 0.1488 0.1476 0.1485