2020 HKD to SGD Historical Review

YEARLY HIGH

0.1878 SGD

YEARLY LOW

0.1705 SGD

YEARLY AVERAGE

0.1779 SGD

2020 HKD to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HKD to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 23, valuing the pair at 0.1878. Conversely, the yearly low was recorded on December 31, dropping to 0.1705.

This high-to-low spread represents a total annual volatility of 0.0173 SGD. From a start-to-finish perspective, comparing the January average rate of 0.1738 to the December average rate of 0.1718, the exchange rate registered a net change of -1.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1878 was up 5.85% compared to the 2019 peak of 0.1775, 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 4,696 SGD

2019 Average 4,352 SGD

Yearly Trough Low 4,262 SGD

Transaction Impact: A difference of 433.54 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1848

0.1707

JanuMarcMayJulySeptNove

HKD to SGD 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 0.1802, compared to 0.1755 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0047 points.

H1 Avg (Jan–Jun) 0.1802

H2 Avg (Jul–Dec) 0.1755

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0106 SGD (High: 0.1878 / Low: 0.1772). On the other end, October was the most stable month, with a tight range of 0.0017 SGD (High: 0.1762 / Low: 0.1746).

March Spread (Volatile) ±0.0106

October Spread (Stable) ±0.0017

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 0.0031 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.1824) against the same month in 2019 (average: 0.1725), the exchange rate shifted by +0.0099 (+5.75%).

2020 Avg (March) 0.1824

2019 Avg (March) 0.1725

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1757	0.1726	0.1738
February	0.1801	0.1757	0.1787
March	0.1878	0.1772	0.1824
April	0.1857	0.1821	0.1837
May	0.1842	0.1819	0.1829
June	0.1817	0.1788	0.1798
July	0.1801	0.1769	0.1790
August	0.1776	0.1752	0.1767
September	0.1777	0.1751	0.1763
October	0.1762	0.1746	0.1754
November	0.1764	0.1726	0.1737
December	0.1726	0.1705	0.1718