YEARLY HIGH
1.9750 SZL
YEARLY LOW
1.4780 SZL
YEARLY AVERAGE
1.6886 SZL

2018 HKD to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the HKD to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 1.9750. Conversely, the yearly low was recorded on February 26, dropping to 1.4780.

This high-to-low spread represents a total annual volatility of 0.4970 SZL. From a start-to-finish perspective, comparing the January average rate of 1.5601 to the December average rate of 1.8203, the exchange rate registered a net change of 16.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.9750 was up 6.32% compared to the 2017 peak of 1.8576, 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 49,375 SZL
2017 Average 42,704 SZL
Yearly Trough Low 36,950 SZL
Transaction Impact: A difference of 12,425.17 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.9186
1.4739
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 1.5690, compared to 1.8083 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2393 points.

H1 Avg (Jan–Jun) 1.5690
H2 Avg (Jul–Dec) 1.8083

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.1785 SZL (High: 1.8658 / Low: 1.6872). On the other end, March was the most stable month, with a tight range of 0.0487 SZL (High: 1.5341 / Low: 1.4854).

August Spread (Volatile) ±0.1785
March Spread (Stable) ±0.0487

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0525 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0525

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 1.8815) against the same month in 2017 (average: 1.6821), the exchange rate shifted by +0.1994 (+11.85%).

2018 Avg (September) 1.8815
2017 Avg (September) 1.6821

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6022 1.5169 1.5601
February 1.5553 1.4780 1.5145
March 1.5341 1.4854 1.5110
April 1.5860 1.5053 1.5407
May 1.6259 1.5618 1.5979
June 1.7593 1.6034 1.6898
July 1.7647 1.6696 1.7088
August 1.8658 1.6872 1.7860
September 1.9750 1.8075 1.8815
October 1.9028 1.8062 1.8528
November 1.8563 1.7517 1.8003
December 1.8592 1.7463 1.8203