2021 HKD to CNY Historical Review

YEARLY HIGH

0.8452 CNY

YEARLY LOW

0.8136 CNY

YEARLY AVERAGE

0.8301 CNY

2021 HKD to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HKD to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 0.8452. Conversely, the yearly low was recorded on December 8, dropping to 0.8136.

This high-to-low spread represents a total annual volatility of 0.0316 CNY. From a start-to-finish perspective, comparing the January average rate of 0.8351 to the December average rate of 0.8168, the exchange rate registered a net change of -2.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.8452 was down 8.59% compared to the 2020 peak of 0.9246, 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 21,131 CNY

2020 Average 22,245 CNY

Yearly Trough Low 20,341 CNY

Transaction Impact: A difference of 789.95 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.8419

0.8145

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 0.8338, compared to 0.8264 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0075 points.

H1 Avg (Jan–Jun) 0.8338

H2 Avg (Jul–Dec) 0.8264

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0136 CNY (High: 0.8426 / Low: 0.8290). On the other end, August was the most stable month, with a tight range of 0.0041 CNY (High: 0.8345 / Low: 0.8304).

January Spread (Volatile) ±0.0136

August Spread (Stable) ±0.0041

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0116 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0116

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.8387) against the same month in 2020 (average: 0.9049), the exchange rate shifted by -0.0663 (-7.32%).

2021 Avg (March) 0.8387

2020 Avg (March) 0.9049

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8426	0.8290	0.8351
February	0.8369	0.8302	0.8338
March	0.8452	0.8337	0.8387
April	0.8446	0.8335	0.8396
May	0.8336	0.8204	0.8280
June	0.8345	0.8224	0.8279
July	0.8366	0.8309	0.8335
August	0.8345	0.8304	0.8323
September	0.8318	0.8266	0.8300
October	0.8293	0.8208	0.8254
November	0.8232	0.8162	0.8202
December	0.8184	0.8136	0.8168