YEARLY HIGH
322.5020 SYP
YEARLY LOW
65.9913 SYP
YEARLY AVERAGE
158.8842 SYP

2021 HKD to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HKD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 322.5020. Conversely, the yearly low was recorded on March 8, dropping to 65.9913.

This high-to-low spread represents a total annual volatility of 256.5106 SYP. From a start-to-finish perspective, comparing the January average rate of 66.1479 to the December average rate of 322.1516, the exchange rate registered a net change of 387.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 322.5020 was up 385.80% compared to the 2020 peak of 66.3853, 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 8,062,549 SYP
2020 Average 1,654,277 SYP
Yearly Trough Low 1,649,783 SYP
Transaction Impact: A difference of 6,412,765.86 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

347.7531
40.5357
JanuMarcMayJulySeptNove

HKD to SYP 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 118.6684, compared to 199.0999 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 80.4315 points.

H1 Avg (Jan–Jun) 118.6684
H2 Avg (Jul–Dec) 199.0999

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 161.1904 SYP (High: 322.5020 / Low: 161.3116). On the other end, February was the most stable month, with a tight range of 0.0653 SYP (High: 66.1633 / Low: 66.0980).

November Spread (Volatile) ±161.1904
February Spread (Stable) ±0.0653

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.2900 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.2900

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 225.7785) against the same month in 2020 (average: 66.1476), the exchange rate shifted by +159.6309 (+241.33%).

2021 Avg (November) 225.7785
2020 Avg (November) 66.1476

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 66.2199 66.1171 66.1479
February 66.1633 66.0980 66.1372
March 161.8897 65.9913 93.8578
April 162.0798 161.5406 161.8606
May 162.0622 161.8652 161.9553
June 162.1487 161.9620 162.0517
July 161.9853 161.5365 161.8597
August 161.7733 161.4014 161.5697
September 161.8349 161.4820 161.6323
October 161.7456 161.4660 161.6076
November 322.5020 161.3116 225.7785
December 322.4482 321.9598 322.1516