YEARLY HIGH
23.0350 DJF
YEARLY LOW
22.8349 DJF
YEARLY AVERAGE
22.9520 DJF

2020 HKD to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HKD to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 8, valuing the pair at 23.0350. Conversely, the yearly low was recorded on February 29, dropping to 22.8349.

This high-to-low spread represents a total annual volatility of 0.2002 DJF. From a start-to-finish perspective, comparing the January average rate of 22.9017 to the December average rate of 22.9652, the exchange rate registered a net change of 0.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 23.0350 was up 0.72% compared to the 2019 peak of 22.8696, 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 575,875 DJF
2019 Average 567,769 DJF
Yearly Trough Low 570,871 DJF
Transaction Impact: A difference of 5,003.84 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

22.9786
22.8901
JanuMarcMayJulySeptNove

HKD to DJF 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 22.9366, compared to 22.9674 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0308 points.

H1 Avg (Jan–Jun) 22.9366
H2 Avg (Jul–Dec) 22.9674

Volatility Range Comparison

Volatility

The most volatile month in 2020 was August, with a trading range of 0.1332 DJF (High: 23.0350 / Low: 22.9019). On the other end, June was the most stable month, with a tight range of 0.0141 DJF (High: 22.9766 / Low: 22.9626).

August Spread (Volatile) ±0.1332
June Spread (Stable) ±0.0141

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 0.0074 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0074

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 22.9666) against the same month in 2019 (average: 22.7044), the exchange rate shifted by +0.2622 (+1.15%).

2020 Avg (August) 22.9666
2019 Avg (August) 22.7044

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 22.9197 22.8420 22.9017
February 22.9335 22.8349 22.8974
March 22.9683 22.8394 22.9258
April 22.9732 22.9581 22.9660
May 22.9720 22.9176 22.9586
June 22.9766 22.9626 22.9699
July 22.9918 22.9469 22.9673
August 23.0350 22.9019 22.9666
September 23.0267 22.9590 22.9712
October 23.0320 22.9376 22.9693
November 22.9771 22.9446 22.9649
December 22.9753 22.9495 22.9652