2020 HKD to SZL Historical Review

YEARLY HIGH

2.4613 SZL

YEARLY LOW

1.8009 SZL

YEARLY AVERAGE

2.1216 SZL

2020 HKD to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HKD to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 23, valuing the pair at 2.4613. Conversely, the yearly low was recorded on January 4, dropping to 1.8009.

This high-to-low spread represents a total annual volatility of 0.6604 SZL. From a start-to-finish perspective, comparing the January average rate of 1.8469 to the December average rate of 1.9222, the exchange rate registered a net change of 4.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.4613 was up 25.06% compared to the 2019 peak of 1.9681, 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 61,532 SZL

2019 Average 46,092 SZL

Yearly Trough Low 45,024 SZL

Transaction Impact: A difference of 16,508.77 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.4490

1.7922

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 2.1443, compared to 2.0988 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0454 points.

H1 Avg (Jan–Jun) 2.1443

H2 Avg (Jul–Dec) 2.0988

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.3463 SZL (High: 2.3084 / Low: 1.9621). On the other end, February was the most stable month, with a tight range of 0.0651 SZL (High: 1.9617 / Low: 1.8965).

March Spread (Volatile) ±0.3463

February Spread (Stable) ±0.0651

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 0.1348 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1348

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 2.3943) against the same month in 2019 (average: 1.8024), the exchange rate shifted by +0.5919 (+32.84%).

2020 Avg (April) 2.3943

2019 Avg (April) 1.8024

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9025	1.8009	1.8469
February	1.9617	1.8965	1.9276
March	2.3084	1.9621	2.1428
April	2.4613	2.3092	2.3943
May	2.4115	2.2402	2.3445
June	2.2526	2.1369	2.2097
July	2.2264	2.1224	2.1625
August	2.2860	2.1482	2.2194
September	2.2115	2.0857	2.1603
October	2.1549	2.0803	2.1244
November	2.1025	1.9609	2.0043
December	1.9783	1.8801	1.9222