YEARLY HIGH
0.1060 SHP
YEARLY LOW
0.0863 SHP
YEARLY AVERAGE
0.0954 SHP

2016 HKD to SHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the HKD to SHP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 0.1060. Conversely, the yearly low was recorded on June 23, dropping to 0.0863.

This high-to-low spread represents a total annual volatility of 0.0197 SHP. From a start-to-finish perspective, comparing the January average rate of 0.0892 to the December average rate of 0.1033, the exchange rate registered a net change of 15.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.1060 was up 20.20% compared to the 2015 peak of 0.0882, 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 2,650 SHP
2015 Average 2,110 SHP
Yearly Trough Low 2,157 SHP
Transaction Impact: A difference of 492.51 SHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.1060
0.0872
JanuMarcMayJulySeptNove

HKD to SHP 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 0.0899, compared to 0.1010 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0111 points.

H1 Avg (Jan–Jun) 0.0899
H2 Avg (Jul–Dec) 0.1010

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0111 SHP (High: 0.0974 / Low: 0.0863). On the other end, May was the most stable month, with a tight range of 0.0021 SHP (High: 0.0897 / Low: 0.0876).

June Spread (Volatile) ±0.0111
May Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between May and August, 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 April and May, when the average rate fell by 0.0014 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 0.1044) against the same month in 2015 (average: 0.0842), the exchange rate shifted by +0.0203 (+24.07%).

2016 Avg (October) 0.1044
2015 Avg (October) 0.0842

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0904 0.0874 0.0892
February 0.0928 0.0880 0.0898
March 0.0922 0.0891 0.0903
April 0.0917 0.0882 0.0901
May 0.0897 0.0876 0.0888
June 0.0974 0.0863 0.0908
July 0.0999 0.0966 0.0980
August 0.1001 0.0966 0.0985
September 0.0994 0.0961 0.0981
October 0.1060 0.0994 0.1044
November 0.1053 0.1023 0.1036
December 0.1055 0.1013 0.1033