2021 HKD to JPY Historical Review

YEARLY HIGH

14.7992 JPY

YEARLY LOW

13.2447 JPY

YEARLY AVERAGE

14.1275 JPY

2021 HKD to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HKD to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 14.7992. Conversely, the yearly low was recorded on January 5, dropping to 13.2447.

This high-to-low spread represents a total annual volatility of 1.5545 JPY. From a start-to-finish perspective, comparing the January average rate of 13.3868 to the December average rate of 14.5970, the exchange rate registered a net change of 9.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 14.7992 was up 2.84% compared to the 2020 peak of 14.3904, 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 369,980 JPY

2020 Average 344,082 JPY

Yearly Trough Low 331,118 JPY

Transaction Impact: A difference of 38,861.67 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

14.7564

13.2623

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 13.8821, compared to 14.3729 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4908 points.

H1 Avg (Jan–Jun) 13.8821

H2 Avg (Jul–Dec) 14.3729

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.4838 JPY (High: 14.2459 / Low: 13.7621). On the other end, May was the most stable month, with a tight range of 0.1787 JPY (High: 14.1599 / Low: 13.9812).

March Spread (Volatile) ±0.4838

May Spread (Stable) ±0.1787

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0790 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0790

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 14.6319) against the same month in 2020 (average: 13.4537), the exchange rate shifted by +1.1782 (+8.76%).

2021 Avg (November) 14.6319

2020 Avg (November) 13.4537

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.5063	13.2447	13.3868
February	13.7427	13.4917	13.6005
March	14.2459	13.7621	14.0135
April	14.2368	13.9006	14.0407
May	14.1599	13.9812	14.0606
June	14.3122	14.0828	14.1907
July	14.3666	14.0809	14.1919
August	14.2138	14.0142	14.1129
September	14.3785	14.0182	14.1584
October	14.7324	14.2497	14.5453
November	14.7992	14.4943	14.6319
December	14.7648	14.4694	14.5970