2021 HKD to AFN Historical Review

YEARLY HIGH

15.1138 AFN

YEARLY LOW

9.9344 AFN

YEARLY AVERAGE

10.7292 AFN

2021 HKD to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HKD to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 15.1138. Conversely, the yearly low was recorded on April 3, dropping to 9.9344.

This high-to-low spread represents a total annual volatility of 5.1794 AFN. From a start-to-finish perspective, comparing the January average rate of 9.9728 to the December average rate of 13.0675, the exchange rate registered a net change of 31.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 15.1138 was up 50.09% compared to the 2020 peak of 10.0699, 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 377,844 AFN

2020 Average 247,681 AFN

Yearly Trough Low 248,360 AFN

Transaction Impact: A difference of 129,484.60 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

13.3770

9.6632

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 10.0133, compared to 11.4451 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4318 points.

H1 Avg (Jan–Jun) 10.0133

H2 Avg (Jul–Dec) 11.4451

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 2.8017 AFN (High: 15.1138 / Low: 12.3121). On the other end, March was the most stable month, with a tight range of 0.0949 AFN (High: 10.0300 / Low: 9.9351).

December Spread (Volatile) ±2.8017

March Spread (Stable) ±0.0949

Growth Streaks & Declines

Trends

Between February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0001 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 13.0675) against the same month in 2020 (average: 9.9416), the exchange rate shifted by +3.1259 (+31.44%).

2021 Avg (December) 13.0675

2020 Avg (December) 9.9416

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.0942	9.9471	9.9728
February	10.1040	9.9564	9.9727
March	10.0300	9.9351	9.9757
April	10.0872	9.9344	10.0018
May	10.1398	9.9480	10.0186
June	10.2431	10.1077	10.1382
July	10.5400	10.1984	10.2956
August	11.0779	10.2502	10.6815
September	11.4228	10.8859	11.1427
October	11.6821	11.4713	11.5799
November	12.3383	11.6051	11.9036
December	15.1138	12.3121	13.0675