YEARLY HIGH
0.3002 TOP
YEARLY LOW
0.2809 TOP
YEARLY AVERAGE
0.2901 TOP

2016 HKD to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the HKD to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 7, valuing the pair at 0.3002. Conversely, the yearly low was recorded on November 9, dropping to 0.2809.

This high-to-low spread represents a total annual volatility of 0.0193 TOP. From a start-to-finish perspective, comparing the January average rate of 0.2899 to the December average rate of 0.2936, the exchange rate registered a net change of 1.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.3002 was up 2.17% compared to the 2015 peak of 0.2939, 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 7,506 TOP
2015 Average 6,837 TOP
Yearly Trough Low 7,023 TOP
Transaction Impact: A difference of 482.93 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.2943
0.2858
JanuMarcMayJulySeptNove

HKD to TOP 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 0.2899, compared to 0.2903 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.2899
H2 Avg (Jul–Dec) 0.2903

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0143 TOP (High: 0.2953 / Low: 0.2809). On the other end, September was the most stable month, with a tight range of 0.0027 TOP (High: 0.2910 / Low: 0.2883).

November Spread (Volatile) ±0.0143
September Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0035 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 0.2924) against the same month in 2015 (average: 0.2589), the exchange rate shifted by +0.0335 (+12.93%).

2016 Avg (February) 0.2924
2015 Avg (February) 0.2589

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2949 0.2871 0.2899
February 0.3002 0.2880 0.2924
March 0.2922 0.2881 0.2903
April 0.2892 0.2849 0.2873
May 0.2933 0.2862 0.2900
June 0.2939 0.2854 0.2891
July 0.2957 0.2893 0.2920
August 0.2928 0.2893 0.2912
September 0.2910 0.2883 0.2900
October 0.2904 0.2842 0.2865
November 0.2953 0.2809 0.2887
December 0.3002 0.2888 0.2936