YEARLY HIGH
0.9152 CNY
YEARLY LOW
0.8520 CNY
YEARLY AVERAGE
0.8817 CNY

2019 HKD to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the HKD to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on September 3, valuing the pair at 0.9152. Conversely, the yearly low was recorded on February 27, dropping to 0.8520.

This high-to-low spread represents a total annual volatility of 0.0632 CNY. From a start-to-finish perspective, comparing the January average rate of 0.8662 to the December average rate of 0.8983, the exchange rate registered a net change of 3.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.9152 was up 2.87% compared to the 2018 peak of 0.8896, 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 22,880 CNY
2018 Average 21,106 CNY
Yearly Trough Low 21,299 CNY
Transaction Impact: A difference of 1,580.71 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.9133
0.8501
JanuMarcMayJulySeptNove

HKD to CNY 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 0.8652, compared to 0.8982 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0330 points.

H1 Avg (Jan–Jun) 0.8652
H2 Avg (Jul–Dec) 0.8982

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0320 CNY (High: 0.9135 / Low: 0.8816). On the other end, March was the most stable month, with a tight range of 0.0056 CNY (High: 0.8585 / Low: 0.8529).

August Spread (Volatile) ±0.0320
March Spread (Stable) ±0.0056

Growth Streaks & Declines

Trends

Between March and June, 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 October and November, when the average rate fell by 0.0080 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0080

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 0.9080) against the same month in 2018 (average: 0.8747), the exchange rate shifted by +0.0333 (+3.81%).

2019 Avg (September) 0.9080
2018 Avg (September) 0.8747

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8780 0.8540 0.8662
February 0.8655 0.8520 0.8590
March 0.8585 0.8529 0.8553
April 0.8597 0.8525 0.8561
May 0.8814 0.8584 0.8732
June 0.8847 0.8768 0.8813
July 0.8847 0.8770 0.8807
August 0.9135 0.8816 0.9004
September 0.9152 0.9038 0.9080
October 0.9118 0.8982 0.9049
November 0.8995 0.8916 0.8969
December 0.9018 0.8940 0.8983