YEARLY HIGH
6.6652 PHP
YEARLY LOW
6.1875 PHP
YEARLY AVERAGE
6.3958 PHP

2020 HKD to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HKD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 6.6652. Conversely, the yearly low was recorded on December 27, dropping to 6.1875.

This high-to-low spread represents a total annual volatility of 0.4777 PHP. From a start-to-finish perspective, comparing the January average rate of 6.5394 to the December average rate of 6.2024, the exchange rate registered a net change of -5.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 6.6652 was down 2.11% compared to the 2019 peak of 6.8085, 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 166,629 PHP
2019 Average 165,175 PHP
Yearly Trough Low 154,687 PHP
Transaction Impact: A difference of 11,942.05 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

6.5925
6.1670
JanuMarcMayJulySeptNove

HKD to PHP 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 6.5233, compared to 6.2682 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2551 points.

H1 Avg (Jan–Jun) 6.5233
H2 Avg (Jul–Dec) 6.2682

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.2161 PHP (High: 6.6652 / Low: 6.4491). On the other end, September was the most stable month, with a tight range of 0.0342 PHP (High: 6.2777 / Low: 6.2435).

March Spread (Volatile) ±0.2161
September Spread (Stable) ±0.0342

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0839 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0839

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 6.5570) against the same month in 2019 (average: 6.6892), the exchange rate shifted by -0.1322 (-1.98%).

2020 Avg (March) 6.5570
2019 Avg (March) 6.6892

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.5748 6.4941 6.5394
February 6.5709 6.4989 6.5344
March 6.6652 6.4491 6.5570
April 6.5884 6.4756 6.5353
May 6.5673 6.4294 6.5158
June 6.5092 6.4124 6.4580
July 6.4284 6.3340 6.3740
August 6.3454 6.2345 6.2929
September 6.2777 6.2435 6.2599
October 6.2823 6.2407 6.2575
November 6.2651 6.1967 6.2226
December 6.2243 6.1875 6.2024