YEARLY HIGH
0.1833 SGD
YEARLY LOW
0.1716 SGD
YEARLY AVERAGE
0.1760 SGD

2022 HKD to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the HKD to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.1833. Conversely, the yearly low was recorded on December 30, dropping to 0.1716.

This high-to-low spread represents a total annual volatility of 0.0117 SGD. From a start-to-finish perspective, comparing the January average rate of 0.1733 to the December average rate of 0.1736, the exchange rate registered a net change of 0.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1833 was up 4.11% compared to the 2021 peak of 0.1761, 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 4,582 SGD
2021 Average 4,322 SGD
Yearly Trough Low 4,289 SGD
Transaction Impact: A difference of 292.62 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1822
0.1719
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 0.1744, compared to 0.1777 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.1744
H2 Avg (Jul–Dec) 0.1777

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0070 SGD (High: 0.1811 / Low: 0.1742). On the other end, March was the most stable month, with a tight range of 0.0018 SGD (High: 0.1746 / Low: 0.1728).

November Spread (Volatile) ±0.0070
March Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between February and July, 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 October and November, when the average rate fell by 0.0045 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.1800) against the same month in 2021 (average: 0.1732), the exchange rate shifted by +0.0068 (+3.92%).

2022 Avg (September) 0.1800
2021 Avg (September) 0.1732

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1745 0.1726 0.1733
February 0.1741 0.1722 0.1728
March 0.1746 0.1728 0.1737
April 0.1767 0.1729 0.1742
May 0.1779 0.1742 0.1760
June 0.1776 0.1747 0.1764
July 0.1793 0.1758 0.1777
August 0.1782 0.1746 0.1765
September 0.1833 0.1778 0.1800
October 0.1833 0.1788 0.1814
November 0.1811 0.1742 0.1769
December 0.1750 0.1716 0.1736