2021 HKD to PHP Historical Review

YEARLY HIGH

6.5794 PHP

YEARLY LOW

6.1160 PHP

YEARLY AVERAGE

6.3384 PHP

2021 HKD to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HKD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 6.5794. Conversely, the yearly low was recorded on May 9, dropping to 6.1160.

This high-to-low spread represents a total annual volatility of 0.4634 PHP. From a start-to-finish perspective, comparing the January average rate of 6.2007 to the December average rate of 6.4515, the exchange rate registered a net change of 4.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 6.5794 was down 1.29% compared to the 2020 peak of 6.6652, 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 164,485 PHP

2020 Average 159,883 PHP

Yearly Trough Low 152,900 PHP

Transaction Impact: A difference of 11,585.31 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

6.5528

6.1313

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 6.2146, compared to 6.4622 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2475 points.

H1 Avg (Jan–Jun) 6.2146

H2 Avg (Jul–Dec) 6.4622

Volatility Range Comparison

Volatility

The most volatile month in 2021 was August, with a trading range of 0.2435 PHP (High: 6.5165 / Low: 6.2729). On the other end, April was the most stable month, with a tight range of 0.0391 PHP (High: 6.2496 / Low: 6.2105).

August Spread (Volatile) ±0.2435

April Spread (Stable) ±0.0391

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0681 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0681

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 6.4515) against the same month in 2020 (average: 6.2024), the exchange rate shifted by +0.2491 (+4.02%).

2021 Avg (December) 6.4515

2020 Avg (December) 6.2024

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.2347	6.1755	6.2007
February	6.3155	6.1822	6.2290
March	6.2700	6.2204	6.2506
April	6.2496	6.2105	6.2345
May	6.2106	6.1160	6.1665
June	6.2885	6.1364	6.2066
July	6.5545	6.3239	6.4397
August	6.5165	6.2729	6.4489
September	6.5701	6.3908	6.4525
October	6.5407	6.4687	6.5176
November	6.5080	6.3932	6.4629
December	6.5794	6.3914	6.4515