YEARLY HIGH
1882.5919 IDR
YEARLY LOW
1786.4432 IDR
YEARLY AVERAGE
1840.6364 IDR

2021 HKD to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HKD to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 1882.5919. Conversely, the yearly low was recorded on January 6, dropping to 1786.4432.

This high-to-low spread represents a total annual volatility of 96.1486 IDR. From a start-to-finish perspective, comparing the January average rate of 1813.5137 to the December average rate of 1836.7163, the exchange rate registered a net change of 1.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1882.5919 was down 13.99% compared to the 2020 peak of 2188.9025, 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 47,064,797 IDR
2020 Average 46,880,213 IDR
Yearly Trough Low 44,661,081 IDR
Transaction Impact: A difference of 2,403,715.74 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1877.3364
1807.1263
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 1840.8399, compared to 1840.4329 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4069 points.

H1 Avg (Jan–Jun) 1840.8399
H2 Avg (Jul–Dec) 1840.4329

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 53.7103 IDR (High: 1848.2176 / Low: 1794.5074). On the other end, September was the most stable month, with a tight range of 15.8013 IDR (High: 1841.8463 / Low: 1826.0450).

February Spread (Volatile) ±53.7103
September Spread (Stable) ±15.8013

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 28.0875 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -28.0875

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 1871.4855) against the same month in 2020 (average: 2032.3688), the exchange rate shifted by -160.8833 (-7.92%).

2021 Avg (April) 1871.4855
2020 Avg (April) 2032.3688

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1833.2561 1786.4432 1813.5137
February 1848.2176 1794.5074 1812.9772
March 1873.7214 1837.4740 1853.5970
April 1882.5919 1859.3876 1871.4855
May 1864.6255 1819.6907 1843.3981
June 1876.6028 1828.0903 1850.0676
July 1881.4893 1857.9472 1866.7622
August 1860.9344 1832.3123 1848.1500
September 1841.8463 1826.0450 1832.8248
October 1837.7965 1806.9361 1824.2504
November 1851.7162 1821.1410 1833.8939
December 1863.2381 1816.6589 1836.7163