YEARLY HIGH
0.1209 EUR
YEARLY LOW
0.1049 EUR
YEARLY AVERAGE
0.1131 EUR

2020 HKD to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HKD to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.1209. Conversely, the yearly low was recorded on December 30, dropping to 0.1049.

This high-to-low spread represents a total annual volatility of 0.0160 EUR. From a start-to-finish perspective, comparing the January average rate of 0.1159 to the December average rate of 0.1060, the exchange rate registered a net change of -8.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1209 was up 3.30% compared to the 2019 peak of 0.1170, 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 3,023 EUR
2019 Average 2,850 EUR
Yearly Trough Low 2,622 EUR
Transaction Impact: A difference of 400.66 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1200
0.1047
JanuMarcMayJulySeptNove

HKD to EUR 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 0.1169, compared to 0.1093 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0076 points.

H1 Avg (Jan–Jun) 0.1169
H2 Avg (Jul–Dec) 0.1093

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0080 EUR (High: 0.1209 / Low: 0.1129). On the other end, October was the most stable month, with a tight range of 0.0017 EUR (High: 0.1105 / Low: 0.1088).

March Spread (Volatile) ±0.0080
October Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between August and October, 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 July and August, when the average rate fell by 0.0035 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.1163) against the same month in 2019 (average: 0.1128), the exchange rate shifted by +0.0036 (+3.17%).

2020 Avg (March) 0.1163
2019 Avg (March) 0.1128

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1168 0.1144 0.1159
February 0.1192 0.1161 0.1178
March 0.1209 0.1129 0.1163
April 0.1197 0.1175 0.1187
May 0.1195 0.1160 0.1180
June 0.1160 0.1135 0.1146
July 0.1148 0.1087 0.1126
August 0.1099 0.1080 0.1091
September 0.1109 0.1082 0.1095
October 0.1105 0.1088 0.1096
November 0.1108 0.1078 0.1089
December 0.1069 0.1049 0.1060