2020 HKD to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 HKD to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the HKD to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on October 9, valuing the pair at 46.0646. Conversely, the yearly low was recorded on February 29, dropping to 45.7980.
This high-to-low spread represents a total annual volatility of 0.2666 MRO. From a start-to-finish perspective, comparing the January average rate of 45.9259 to the December average rate of 46.0511, the exchange rate registered a net change of 0.27% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 46.0646 was up 0.46% compared to the 2019 peak of 45.8548, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 HKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
HKD to MRO Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 45.9956, compared to 46.0567 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0611 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 0.2455 MRO (High: 46.0526 / Low: 45.8071). On the other end, September was the most stable month, with a tight range of 0.0042 MRO (High: 46.0643 / Low: 46.0601).
Growth Streaks & Declines
TrendsBetween 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 0.0150 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2020: 46.0592) against the same month in 2019 (average: 45.5243), the exchange rate shifted by +0.5349 (+1.18%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 45.9681 | 45.8123 | 45.9259 |
| February | 45.9830 | 45.7980 | 45.9159 |
| March | 46.0526 | 45.8071 | 45.9747 |
| April | 46.0631 | 46.0452 | 46.0552 |
| May | 46.0624 | 45.9640 | 46.0402 |
| June | 46.0638 | 46.0541 | 46.0615 |
| July | 46.0643 | 46.0415 | 46.0566 |
| August | 46.0634 | 46.0559 | 46.0614 |
| September | 46.0643 | 46.0601 | 46.0630 |
| October | 46.0646 | 46.0381 | 46.0592 |
| November | 46.0607 | 46.0369 | 46.0487 |
| December | 46.0624 | 46.0371 | 46.0511 |