YEARLY HIGH
0.2291 NZD
YEARLY LOW
0.1788 NZD
YEARLY AVERAGE
0.1987 NZD

2020 HKD to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HKD to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 0.2291. Conversely, the yearly low was recorded on December 30, dropping to 0.1788.

This high-to-low spread represents a total annual volatility of 0.0503 NZD. From a start-to-finish perspective, comparing the January average rate of 0.1946 to the December average rate of 0.1818, the exchange rate registered a net change of -6.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2291 was up 12.16% compared to the 2019 peak of 0.2042, 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 5,727 NZD
2019 Average 4,844 NZD
Yearly Trough Low 4,470 NZD
Transaction Impact: A difference of 1,257.07 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2180
0.1785
JanuMarcMayJulySeptNove

HKD to NZD 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 0.2060, compared to 0.1914 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0145 points.

H1 Avg (Jan–Jun) 0.2060
H2 Avg (Jul–Dec) 0.1914

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0266 NZD (High: 0.2291 / Low: 0.2025). On the other end, October was the most stable month, with a tight range of 0.0038 NZD (High: 0.1963 / Low: 0.1925).

March Spread (Volatile) ±0.0266
October Spread (Stable) ±0.0038

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0117 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0117

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.2133) against the same month in 2019 (average: 0.1864), the exchange rate shifted by +0.0269 (+14.43%).

2020 Avg (March) 0.2133
2019 Avg (March) 0.1864

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1992 0.1905 0.1946
February 0.2053 0.1983 0.2013
March 0.2291 0.2025 0.2133
April 0.2204 0.2101 0.2147
May 0.2174 0.2080 0.2119
June 0.2054 0.1965 0.2001
July 0.1992 0.1927 0.1959
August 0.1977 0.1913 0.1954
September 0.1972 0.1906 0.1936
October 0.1963 0.1925 0.1944
November 0.1955 0.1834 0.1878
December 0.1838 0.1788 0.1818