YEARLY HIGH
0.1658 CAD
YEARLY LOW
0.1552 CAD
YEARLY AVERAGE
0.1613 CAD

2021 HKD to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HKD to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.1658. Conversely, the yearly low was recorded on June 2, dropping to 0.1552.

This high-to-low spread represents a total annual volatility of 0.0106 CAD. From a start-to-finish perspective, comparing the January average rate of 0.1642 to the December average rate of 0.1641, the exchange rate registered a net change of -0.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1658 was down 11.23% compared to the 2020 peak of 0.1868, 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 4,146 CAD
2020 Average 4,324 CAD
Yearly Trough Low 3,880 CAD
Transaction Impact: A difference of 266.04 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1650
0.1554
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 0.1608, compared to 0.1619 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.1608
H2 Avg (Jul–Dec) 0.1619

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.0055 CAD (High: 0.1641 / Low: 0.1586). On the other end, January was the most stable month, with a tight range of 0.0026 CAD (High: 0.1655 / Low: 0.1629).

July Spread (Volatile) ±0.0055
January Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0048 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.1641) against the same month in 2020 (average: 0.1652), the exchange rate shifted by -0.0011 (-0.66%).

2021 Avg (December) 0.1641
2020 Avg (December) 0.1652

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1655 0.1629 0.1642
February 0.1657 0.1614 0.1638
March 0.1634 0.1595 0.1619
April 0.1625 0.1581 0.1609
May 0.1584 0.1552 0.1562
June 0.1606 0.1552 0.1576
July 0.1641 0.1586 0.1610
August 0.1647 0.1604 0.1619
September 0.1646 0.1612 0.1628
October 0.1624 0.1585 0.1599
November 0.1640 0.1590 0.1614
December 0.1658 0.1621 0.1641