YEARLY HIGH
46.0646 MRO
YEARLY LOW
45.7980 MRO
YEARLY AVERAGE
46.0261 MRO

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.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 1,151,616 MRO
2019 Average 1,139,105 MRO
Yearly Trough Low 1,144,950 MRO
Transaction Impact: A difference of 6,665.84 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

46.0777
45.9012
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 45.9956
H2 Avg (Jul–Dec) 46.0567

Volatility Range Comparison

Volatility

The 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).

March Spread (Volatile) ±0.2455
September Spread (Stable) ±0.0042

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0150

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2020 Avg (October) 46.0592
2019 Avg (October) 45.5243

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