2020 HKD to NGN Historical Review

YEARLY HIGH

50.9317 NGN

YEARLY LOW

46.4130 NGN

YEARLY AVERAGE

49.0236 NGN

2020 HKD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HKD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 50.9317. Conversely, the yearly low was recorded on January 2, dropping to 46.4130.

This high-to-low spread represents a total annual volatility of 4.5188 NGN. From a start-to-finish perspective, comparing the January average rate of 46.6032 to the December average rate of 49.5174, the exchange rate registered a net change of 6.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 50.9317 was up 9.13% compared to the 2019 peak of 46.6704, 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 1,273,294 NGN

2019 Average 1,148,860 NGN

Yearly Trough Low 1,160,324 NGN

Transaction Impact: A difference of 112,969.19 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

50.5419

46.2451

JanuMarcMayJulySeptNove

HKD to NGN 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 48.4990, compared to 49.5483 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0493 points.

H1 Avg (Jan–Jun) 48.4990

H2 Avg (Jul–Dec) 49.5483

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 3.6575 NGN (High: 50.4990 / Low: 46.8416). On the other end, June was the most stable month, with a tight range of 0.2445 NGN (High: 50.0625 / Low: 49.8180).

March Spread (Volatile) ±3.6575

June Spread (Stable) ±0.2445

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.3078 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.3078

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 49.5174) against the same month in 2019 (average: 46.4602), the exchange rate shifted by +3.0572 (+6.58%).

2020 Avg (December) 49.5174

2019 Avg (December) 46.4602

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	46.9821	46.4130	46.6032
February	46.9368	46.6119	46.8202
March	50.4990	46.8416	47.7466
April	50.3210	47.3357	49.6534
May	50.3662	49.8522	50.1838
June	50.0625	49.8180	49.9867
July	50.1880	49.8881	50.0077
August	50.0850	48.8355	49.7000
September	49.9981	49.0959	49.5045
October	49.7936	49.0749	49.2893
November	49.5489	49.0079	49.2709
December	50.9317	48.9504	49.5174