YEARLY HIGH
2.8095 MXN
YEARLY LOW
2.5268 MXN
YEARLY AVERAGE
2.6098 MXN

2021 HKD to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HKD to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 2.8095. Conversely, the yearly low was recorded on January 20, dropping to 2.5268.

This high-to-low spread represents a total annual volatility of 0.2827 MXN. From a start-to-finish perspective, comparing the January average rate of 2.5757 to the December average rate of 2.6791, the exchange rate registered a net change of 4.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.8095 was down 13.96% compared to the 2020 peak of 3.2655, 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 70,238 MXN
2020 Average 69,265 MXN
Yearly Trough Low 63,171 MXN
Transaction Impact: A difference of 7,066.85 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.6925
2.5562
JanuMarcMayJulySeptNove

HKD to MXN 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 2.6009, compared to 2.6186 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0177 points.

H1 Avg (Jan–Jun) 2.6009
H2 Avg (Jul–Dec) 2.6186

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.2007 MXN (High: 2.8095 / Low: 2.6088). On the other end, July was the most stable month, with a tight range of 0.0462 MXN (High: 2.5924 / Low: 2.5461).

November Spread (Volatile) ±0.2007
July Spread (Stable) ±0.0462

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.0927 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0927

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 2.6811) against the same month in 2020 (average: 2.6308), the exchange rate shifted by +0.0503 (+1.91%).

2021 Avg (November) 2.6811
2020 Avg (November) 2.6308

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6559 2.5268 2.5757
February 2.6988 2.5714 2.6190
March 2.7673 2.6224 2.6747
April 2.6125 2.5518 2.5819
May 2.6070 2.5464 2.5721
June 2.6634 2.5392 2.5822
July 2.5924 2.5461 2.5676
August 2.6164 2.5535 2.5802
September 2.6497 2.5522 2.5747
October 2.6819 2.5946 2.6291
November 2.8095 2.6088 2.6811
December 2.7562 2.6241 2.6791