YEARLY HIGH
9.9312 INR
YEARLY LOW
9.0993 INR
YEARLY AVERAGE
9.5574 INR

2020 HKD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HKD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 9.9312. Conversely, the yearly low was recorded on January 15, dropping to 9.0993.

This high-to-low spread represents a total annual volatility of 0.8318 INR. From a start-to-finish perspective, comparing the January average rate of 9.1684 to the December average rate of 9.5019, the exchange rate registered a net change of 3.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 9.9312 was up 7.75% compared to the 2019 peak of 9.2166, 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 248,279 INR
2019 Average 224,652 INR
Yearly Trough Low 227,483 INR
Transaction Impact: A difference of 20,795.82 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

9.9004
9.1018
JanuMarcMayJulySeptNove

HKD to INR 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 9.5579, compared to 9.5568 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 9.5579
H2 Avg (Jul–Dec) 9.5568

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.6114 INR (High: 9.8723 / Low: 9.2609). On the other end, February was the most stable month, with a tight range of 0.1032 INR (High: 9.2590 / Low: 9.1559).

March Spread (Volatile) ±0.6114
February Spread (Stable) ±0.1032

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 August and September, when the average rate fell by 0.1353 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1353

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 9.8339) against the same month in 2019 (average: 8.8496), the exchange rate shifted by +0.9843 (+11.12%).

2020 Avg (April) 9.8339
2019 Avg (April) 8.8496

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.2532 9.0993 9.1684
February 9.2590 9.1559 9.2069
March 9.8723 9.2609 9.5984
April 9.9312 9.7116 9.8339
May 9.8326 9.7177 9.7642
June 9.8582 9.6850 9.7757
July 9.7353 9.6166 9.6637
August 9.6974 9.4355 9.6226
September 9.5388 9.4249 9.4872
October 9.6233 9.4144 9.4914
November 9.6579 9.5198 9.5743
December 9.5607 9.4226 9.5019