YEARLY HIGH
0.1870 CAD
YEARLY LOW
0.1615 CAD
YEARLY AVERAGE
0.1707 CAD

2016 HKD to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the HKD to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 17, valuing the pair at 0.1870. Conversely, the yearly low was recorded on May 2, dropping to 0.1615.

This high-to-low spread represents a total annual volatility of 0.0254 CAD. From a start-to-finish perspective, comparing the January average rate of 0.1824 to the December average rate of 0.1721, the exchange rate registered a net change of -5.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1870 was up 3.82% compared to the 2015 peak of 0.1801, 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 4,674 CAD
2015 Average 4,123 CAD
Yearly Trough Low 4,038 CAD
Transaction Impact: A difference of 635.83 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1840
0.1637
JanuMarcMayJulySeptNove

HKD to CAD 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 0.1713, compared to 0.1701 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.1713
H2 Avg (Jul–Dec) 0.1701

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.0084 CAD (High: 0.1870 / Low: 0.1786). On the other end, November was the most stable month, with a tight range of 0.0029 CAD (High: 0.1746 / Low: 0.1717).

January Spread (Volatile) ±0.0084
November Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

Between August and November, 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 0.0068 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.1824) against the same month in 2015 (average: 0.1559), the exchange rate shifted by +0.0264 (+16.96%).

2016 Avg (January) 0.1824
2015 Avg (January) 0.1559

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1870 0.1786 0.1824
February 0.1801 0.1739 0.1772
March 0.1729 0.1675 0.1703
April 0.1694 0.1618 0.1654
May 0.1691 0.1615 0.1667
June 0.1686 0.1638 0.1661
July 0.1699 0.1658 0.1680
August 0.1699 0.1651 0.1676
September 0.1704 0.1659 0.1688
October 0.1729 0.1690 0.1708
November 0.1746 0.1717 0.1735
December 0.1750 0.1693 0.1721