YEARLY HIGH
1.8263 SRD
YEARLY LOW
0.9568 SRD
YEARLY AVERAGE
1.1991 SRD

2020 HKD to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HKD to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 9, valuing the pair at 1.8263. Conversely, the yearly low was recorded on February 29, dropping to 0.9568.

This high-to-low spread represents a total annual volatility of 0.8696 SRD. From a start-to-finish perspective, comparing the January average rate of 0.9594 to the December average rate of 1.8258, the exchange rate registered a net change of 90.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.8263 was up 90.65% compared to the 2019 peak of 0.9579, 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 45,658 SRD
2019 Average 23,797 SRD
Yearly Trough Low 23,919 SRD
Transaction Impact: A difference of 21,739.31 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.9128
0.8725
JanuMarcMayJulySeptNove

HKD to SRD 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 0.9609, compared to 1.4372 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4764 points.

H1 Avg (Jan–Jun) 0.9609
H2 Avg (Jul–Dec) 1.4372

Volatility Range Comparison

Volatility

The most volatile month in 2020 was September, with a trading range of 0.8641 SRD (High: 1.8263 / Low: 0.9622). On the other end, August was the most stable month, with a tight range of 0.0002 SRD (High: 0.9623 / Low: 0.9621).

September Spread (Volatile) ±0.8641
August Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2020: 1.8261) against the same month in 2019 (average: 0.9510), the exchange rate shifted by +0.8751 (+92.01%).

2020 Avg (October) 1.8261
2019 Avg (October) 0.9510

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9603 0.9571 0.9594
February 0.9606 0.9568 0.9592
March 0.9621 0.9569 0.9604
April 0.9623 0.9619 0.9621
May 0.9623 0.9602 0.9618
June 0.9623 0.9621 0.9623
July 0.9623 0.9618 0.9622
August 0.9623 0.9621 0.9623
September 1.8263 0.9622 1.2215
October 1.8263 1.8253 1.8261
November 1.8262 1.8252 1.8257
December 1.8262 1.8252 1.8258