2021 HKD to INR Historical Review

YEARLY HIGH

9.7670 INR

YEARLY LOW

9.3199 INR

YEARLY AVERAGE

9.5104 INR

2021 HKD to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HKD to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 9.7670. Conversely, the yearly low was recorded on March 22, dropping to 9.3199.

This high-to-low spread represents a total annual volatility of 0.4471 INR. From a start-to-finish perspective, comparing the January average rate of 9.4297 to the December average rate of 9.6692, the exchange rate registered a net change of 2.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 9.7670 was down 1.65% compared to the 2020 peak of 9.9312, 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 244,175 INR

2020 Average 238,952 INR

Yearly Trough Low 232,998 INR

Transaction Impact: A difference of 11,177.38 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

9.6988

9.3438

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 9.4487, compared to 9.5721 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1233 points.

H1 Avg (Jan–Jun) 9.4487

H2 Avg (Jul–Dec) 9.5721

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.2968 INR (High: 9.7209 / Low: 9.4241). On the other end, January was the most stable month, with a tight range of 0.0763 INR (High: 9.4797 / Low: 9.4034).

April Spread (Volatile) ±0.2968

January Spread (Stable) ±0.0763

Growth Streaks & Declines

Trends

Between May and July, 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 0.1597 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1597

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 9.6692) against the same month in 2020 (average: 9.5019), the exchange rate shifted by +0.1674 (+1.76%).

2021 Avg (December) 9.6692

2020 Avg (December) 9.5019

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.4797	9.4034	9.4297
February	9.5007	9.3350	9.3935
March	9.4525	9.3199	9.3734
April	9.7209	9.4241	9.5854
May	9.5397	9.3266	9.4256
June	9.5782	9.3834	9.4848
July	9.6503	9.5500	9.5911
August	9.5743	9.3849	9.5218
September	9.5467	9.3848	9.4596
October	9.7006	9.5244	9.6305
November	9.6248	9.4906	9.5603
December	9.7670	9.5454	9.6692