YEARLY HIGH
2.1592 SZL
YEARLY LOW
1.7188 SZL
YEARLY AVERAGE
1.8944 SZL

2016 HKD to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the HKD to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 2.1592. Conversely, the yearly low was recorded on November 8, dropping to 1.7188.

This high-to-low spread represents a total annual volatility of 0.4405 SZL. From a start-to-finish perspective, comparing the January average rate of 2.0918 to the December average rate of 1.7890, the exchange rate registered a net change of -14.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.1592 was up 5.81% compared to the 2015 peak of 2.0406, 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 53,981 SZL
2015 Average 41,193 SZL
Yearly Trough Low 42,969 SZL
Transaction Impact: A difference of 11,012.48 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.1237
1.7408
JanuMarcMayJulySeptNove

HKD to SZL 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 1.9833, compared to 1.8054 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1779 points.

H1 Avg (Jan–Jun) 1.9833
H2 Avg (Jul–Dec) 1.8054

Volatility Range Comparison

Volatility

The most volatile month in 2016 was May, with a trading range of 0.2033 SZL (High: 2.0324 / Low: 1.8292). On the other end, December was the most stable month, with a tight range of 0.0822 SZL (High: 1.8245 / Low: 1.7423).

May Spread (Volatile) ±0.2033
December Spread (Stable) ±0.0822

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2016. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0959 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0959

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 2.0918) against the same month in 2015 (average: 1.4919), the exchange rate shifted by +0.5999 (+40.21%).

2016 Avg (January) 2.0918
2015 Avg (January) 1.4919

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1592 1.9981 2.0918
February 2.0731 1.9629 2.0304
March 2.0378 1.9091 1.9801
April 1.9639 1.8322 1.8842
May 2.0324 1.8292 1.9711
June 2.0131 1.8602 1.9425
July 1.9029 1.7991 1.8563
August 1.8614 1.7202 1.7727
September 1.8833 1.7462 1.8152
October 1.8418 1.7494 1.7962
November 1.8685 1.7188 1.8031
December 1.8245 1.7423 1.7890