2021 HKD to CDF Historical Review

YEARLY HIGH

258.8544 CDF

YEARLY LOW

253.4346 CDF

YEARLY AVERAGE

256.1677 CDF

2021 HKD to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HKD to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 8, valuing the pair at 258.8544. Conversely, the yearly low was recorded on March 21, dropping to 253.4346.

This high-to-low spread represents a total annual volatility of 5.4198 CDF. From a start-to-finish perspective, comparing the January average rate of 254.5473 to the December average rate of 256.5066, the exchange rate registered a net change of 0.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 258.8544 was up 0.87% compared to the 2020 peak of 256.6283, 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 6,471,359 CDF

2020 Average 5,965,412 CDF

Yearly Trough Low 6,335,864 CDF

Transaction Impact: A difference of 135,494.96 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

257.5829

254.2714

JanuMarcMayJulySeptNove

HKD to CDF 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 255.9283, compared to 256.4071 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4787 points.

H1 Avg (Jan–Jun) 255.9283

H2 Avg (Jul–Dec) 256.4071

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 4.2642 CDF (High: 258.8544 / Low: 254.5902). On the other end, February was the most stable month, with a tight range of 1.1128 CDF (High: 256.1722 / Low: 255.0594).

October Spread (Volatile) ±4.2642

February Spread (Stable) ±1.1128

Growth Streaks & Declines

Trends

Between January and May, 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 July and August, when the average rate fell by 0.9450 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.9450

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 256.8560) against the same month in 2020 (average: 251.5958), the exchange rate shifted by +5.2602 (+2.09%).

2021 Avg (October) 256.8560

2020 Avg (October) 251.5958

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	255.5463	253.9838	254.5473
February	256.1722	255.0594	255.4381
March	257.1353	253.4346	255.9821
April	257.6135	254.5973	256.0674
May	257.9365	255.8105	257.0107
June	257.3657	255.2938	256.5243
July	257.9385	255.1831	256.3962
August	256.5096	254.8034	255.4513
September	257.2013	255.3058	255.9252
October	258.8544	254.5902	256.8560
November	258.2237	256.5683	257.3070
December	257.4073	254.0211	256.5066