2020 HKD to IDR Historical Review

YEARLY HIGH

2188.9025 IDR

YEARLY LOW

1699.4955 IDR

YEARLY AVERAGE

1874.9275 IDR

2020 HKD to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HKD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 2188.9025. Conversely, the yearly low was recorded on January 27, dropping to 1699.4955.

This high-to-low spread represents a total annual volatility of 489.4070 IDR. From a start-to-finish perspective, comparing the January average rate of 1765.0194 to the December average rate of 1820.7864, the exchange rate registered a net change of 3.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2188.9025 was up 18.29% compared to the 2019 peak of 1850.5143, 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 54,722,563 IDR

2019 Average 45,104,240 IDR

Yearly Trough Low 42,487,387 IDR

Transaction Impact: A difference of 12,235,176.04 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2059.1038

1738.2844

JanuMarcMayJulySeptNove

HKD to IDR 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 1877.8548, compared to 1872.0002 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.8547 points.

H1 Avg (Jan–Jun) 1877.8548

H2 Avg (Jul–Dec) 1872.0002

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 399.3168 IDR (High: 2188.9025 / Low: 1789.5857). On the other end, December was the most stable month, with a tight range of 31.9054 IDR (High: 1831.9153 / Low: 1800.0099).

March Spread (Volatile) ±399.3168

December Spread (Stable) ±31.9054

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 117.7680 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -117.7680

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 1954.3853) against the same month in 2019 (average: 1811.3952), the exchange rate shifted by +142.9900 (+7.89%).

2020 Avg (March) 1954.3853

2019 Avg (March) 1811.3952

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1791.9665	1699.4955	1765.0194
February	1798.1387	1756.8663	1768.3633
March	2188.9025	1789.5857	1954.3853
April	2147.0144	1954.2869	2032.3688
May	1990.7047	1886.9717	1914.6008
June	1884.7050	1803.0355	1832.3913
July	1908.2575	1839.2727	1873.7660
August	1924.6184	1871.0144	1895.2251
September	1943.7832	1890.0670	1913.2807
October	1916.3510	1876.6514	1897.0013
November	1887.7917	1810.7194	1831.9413
December	1831.9153	1800.0099	1820.7864