2020 HKD to AFN Historical Review

YEARLY HIGH

10.0699 AFN

YEARLY LOW

9.7264 AFN

YEARLY AVERAGE

9.9072 AFN

2020 HKD to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HKD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 10.0699. Conversely, the yearly low was recorded on March 2, dropping to 9.7264.

This high-to-low spread represents a total annual volatility of 0.3435 AFN. From a start-to-finish perspective, comparing the January average rate of 9.9322 to the December average rate of 9.9416, the exchange rate registered a net change of 0.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 10.0699 was down 3.62% compared to the 2019 peak of 10.4480, 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 251,748 AFN

2019 Average 248,549 AFN

Yearly Trough Low 243,160 AFN

Transaction Impact: A difference of 8,588.09 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

9.9849

9.7991

JanuMarcMayJulySeptNove

HKD to AFN 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 9.8832, compared to 9.9311 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0479 points.

H1 Avg (Jan–Jun) 9.8832

H2 Avg (Jul–Dec) 9.9311

Volatility Range Comparison

Volatility

The most volatile month in 2020 was February, with a trading range of 0.2957 AFN (High: 10.0261 / Low: 9.7305). On the other end, October was the most stable month, with a tight range of 0.0207 AFN (High: 9.9236 / Low: 9.9029).

February Spread (Volatile) ±0.2957

October Spread (Stable) ±0.0207

Growth Streaks & Declines

Trends

Between March and June, 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 February and March, when the average rate fell by 0.0793 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0793

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 9.9443) against the same month in 2019 (average: 10.0165), the exchange rate shifted by -0.0722 (-0.72%).

2020 Avg (August) 9.9443

2019 Avg (August) 10.0165

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.0406	9.8359	9.9322
February	10.0261	9.7305	9.8939
March	9.9187	9.7264	9.8146
April	9.8947	9.7824	9.8262
May	9.8955	9.8108	9.8631
June	10.0192	9.8953	9.9695
July	9.9677	9.8962	9.9429
August	10.0699	9.8962	9.9443
September	9.9546	9.8635	9.9133
October	9.9236	9.9029	9.9160
November	9.9401	9.9106	9.9288
December	9.9713	9.9188	9.9416