YEARLY HIGH
1.5176 BWP
YEARLY LOW
1.3593 BWP
YEARLY AVERAGE
1.4261 BWP

2021 HKD to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HKD to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 1.5176. Conversely, the yearly low was recorded on June 7, dropping to 1.3593.

This high-to-low spread represents a total annual volatility of 0.1582 BWP. From a start-to-finish perspective, comparing the January average rate of 1.4153 to the December average rate of 1.5035, the exchange rate registered a net change of 6.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.5176 was down 4.70% compared to the 2020 peak of 1.5923, 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 37,939 BWP
2020 Average 36,891 BWP
Yearly Trough Low 33,983 BWP
Transaction Impact: A difference of 3,955.81 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.5158
1.3687
JanuMarcMayJulySeptNove

HKD to BWP 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 1.4017, compared to 1.4506 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0488 points.

H1 Avg (Jan–Jun) 1.4017
H2 Avg (Jul–Dec) 1.4506

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0616 BWP (High: 1.5169 / Low: 1.4553). On the other end, February was the most stable month, with a tight range of 0.0278 BWP (High: 1.4184 / Low: 1.3906).

November Spread (Volatile) ±0.0616
February Spread (Stable) ±0.0278

Growth Streaks & Declines

Trends

Between September and December, 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 March and April, when the average rate fell by 0.0213 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0213

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 1.5035) against the same month in 2020 (average: 1.4053), the exchange rate shifted by +0.0983 (+6.99%).

2021 Avg (December) 1.5035
2020 Avg (December) 1.4053

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.4302 1.3870 1.4153
February 1.4184 1.3906 1.4051
March 1.4444 1.4090 1.4232
April 1.4246 1.3876 1.4019
May 1.4057 1.3665 1.3839
June 1.4055 1.3593 1.3810
July 1.4325 1.3950 1.4158
August 1.4546 1.4057 1.4312
September 1.4562 1.4019 1.4233
October 1.4650 1.4320 1.4461
November 1.5169 1.4553 1.4834
December 1.5176 1.4895 1.5035