YEARLY HIGH
0.1868 CAD
YEARLY LOW
0.1638 CAD
YEARLY AVERAGE
0.1729 CAD

2020 HKD to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HKD to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.1868. Conversely, the yearly low was recorded on December 15, dropping to 0.1638.

This high-to-low spread represents a total annual volatility of 0.0230 CAD. From a start-to-finish perspective, comparing the January average rate of 0.1683 to the December average rate of 0.1652, the exchange rate registered a net change of -1.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1868 was up 7.37% compared to the 2019 peak of 0.1740, 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 4,670 CAD
2019 Average 4,234 CAD
Yearly Trough Low 4,096 CAD
Transaction Impact: A difference of 574.75 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1829
0.1636
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 0.1759, compared to 0.1700 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0059 points.

H1 Avg (Jan–Jun) 0.1759
H2 Avg (Jul–Dec) 0.1700

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0156 CAD (High: 0.1868 / Low: 0.1712). On the other end, February was the most stable month, with a tight range of 0.0020 CAD (High: 0.1718 / Low: 0.1698).

March Spread (Volatile) ±0.0156
February Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 0.0055 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.1795) against the same month in 2019 (average: 0.1703), the exchange rate shifted by +0.0092 (+5.41%).

2020 Avg (March) 0.1795
2019 Avg (March) 0.1703

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1705 0.1665 0.1683
February 0.1718 0.1698 0.1708
March 0.1868 0.1712 0.1795
April 0.1838 0.1790 0.1813
May 0.1837 0.1774 0.1805
June 0.1766 0.1725 0.1749
July 0.1756 0.1721 0.1743
August 0.1730 0.1682 0.1708
September 0.1727 0.1683 0.1705
October 0.1719 0.1692 0.1704
November 0.1724 0.1675 0.1687
December 0.1668 0.1638 0.1652