YEARLY HIGH
14.3904 JPY
YEARLY LOW
13.2643 JPY
YEARLY AVERAGE
13.7648 JPY

2020 HKD to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HKD to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 14.3904. Conversely, the yearly low was recorded on March 9, dropping to 13.2643.

This high-to-low spread represents a total annual volatility of 1.1261 JPY. From a start-to-finish perspective, comparing the January average rate of 14.0529 to the December average rate of 13.3837, the exchange rate registered a net change of -4.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 14.3904 was up 0.66% compared to the 2019 peak of 14.2960, 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 359,761 JPY
2019 Average 347,808 JPY
Yearly Trough Low 331,608 JPY
Transaction Impact: A difference of 28,152.63 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

14.2112
13.3085
JanuMarcMayJulySeptNove

HKD to JPY 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 13.9480, compared to 13.5817 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3663 points.

H1 Avg (Jan–Jun) 13.9480
H2 Avg (Jul–Dec) 13.5817

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.0766 JPY (High: 14.3409 / Low: 13.2643). On the other end, December was the most stable month, with a tight range of 0.1712 JPY (High: 13.4741 / Low: 13.3029).

March Spread (Volatile) ±1.0766
December Spread (Stable) ±0.1712

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.2701 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.2701

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 14.1360) against the same month in 2019 (average: 14.0621), the exchange rate shifted by +0.0739 (+0.53%).

2020 Avg (February) 14.1360
2019 Avg (February) 14.0621

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.1838 13.8750 14.0529
February 14.3904 13.8658 14.1360
March 14.3409 13.2643 13.8659
April 14.0784 13.7556 13.9142
May 13.9115 13.7012 13.8297
June 14.1447 13.7309 13.8892
July 13.8820 13.5080 13.7740
August 13.8034 13.5768 13.6763
September 13.7174 13.4879 13.6275
October 13.6809 13.4598 13.5749
November 13.5937 13.3178 13.4537
December 13.4741 13.3029 13.3837