YEARLY HIGH
258.8544 CDF
YEARLY LOW
253.4346 CDF
YEARLY AVERAGE
256.1677 CDF

2021 HKD to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HKD to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 8, valuing the pair at 258.8544. Conversely, the yearly low was recorded on March 21, dropping to 253.4346.

This high-to-low spread represents a total annual volatility of 5.4198 CDF. From a start-to-finish perspective, comparing the January average rate of 254.5473 to the December average rate of 256.5066, the exchange rate registered a net change of 0.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 258.8544 was up 0.87% compared to the 2020 peak of 256.6283, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 6,471,359 CDF
2020 Average 5,965,412 CDF
Yearly Trough Low 6,335,864 CDF
Transaction Impact: A difference of 135,494.96 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

257.5829
254.2714
JanuMarcMayJulySeptNove

HKD to CDF 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 255.9283, compared to 256.4071 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4787 points.

H1 Avg (Jan–Jun) 255.9283
H2 Avg (Jul–Dec) 256.4071

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 4.2642 CDF (High: 258.8544 / Low: 254.5902). On the other end, February was the most stable month, with a tight range of 1.1128 CDF (High: 256.1722 / Low: 255.0594).

October Spread (Volatile) ±4.2642
February Spread (Stable) ±1.1128

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.9450 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.9450

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 256.8560) against the same month in 2020 (average: 251.5958), the exchange rate shifted by +5.2602 (+2.09%).

2021 Avg (October) 256.8560
2020 Avg (October) 251.5958

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 255.5463 253.9838 254.5473
February 256.1722 255.0594 255.4381
March 257.1353 253.4346 255.9821
April 257.6135 254.5973 256.0674
May 257.9365 255.8105 257.0107
June 257.3657 255.2938 256.5243
July 257.9385 255.1831 256.3962
August 256.5096 254.8034 255.4513
September 257.2013 255.3058 255.9252
October 258.8544 254.5902 256.8560
November 258.2237 256.5683 257.3070
December 257.4073 254.0211 256.5066