2022 HKD to TOP Historical Review

YEARLY HIGH

0.3131 TOP

YEARLY LOW

0.2869 TOP

YEARLY AVERAGE

0.2976 TOP

2022 HKD to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the HKD to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 17, valuing the pair at 0.3131. Conversely, the yearly low was recorded on April 6, dropping to 0.2869.

This high-to-low spread represents a total annual volatility of 0.0262 TOP. From a start-to-finish perspective, comparing the January average rate of 0.2920 to the December average rate of 0.3012, the exchange rate registered a net change of 3.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.3131 was up 5.26% compared to the 2021 peak of 0.2974, 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 7,827 TOP

2021 Average 7,287 TOP

Yearly Trough Low 7,172 TOP

Transaction Impact: A difference of 654.89 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.3123

0.2873

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 0.2923, compared to 0.3029 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0106 points.

H1 Avg (Jan–Jun) 0.2923

H2 Avg (Jul–Dec) 0.3029

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0098 TOP (High: 0.3102 / Low: 0.3004). On the other end, January was the most stable month, with a tight range of 0.0020 TOP (High: 0.2930 / Low: 0.2910).

September Spread (Volatile) ±0.0098

January Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between March and July, 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 October and November, when the average rate fell by 0.0055 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.3102) against the same month in 2021 (average: 0.2896), the exchange rate shifted by +0.0206 (+7.12%).

2022 Avg (October) 0.3102

2021 Avg (October) 0.2896

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2930	0.2910	0.2920
February	0.2929	0.2889	0.2907
March	0.2919	0.2871	0.2894
April	0.2947	0.2869	0.2894
May	0.2991	0.2930	0.2959
June	0.2998	0.2930	0.2964
July	0.3014	0.2977	0.2995
August	0.3004	0.2956	0.2980
September	0.3102	0.3004	0.3037
October	0.3131	0.3073	0.3102
November	0.3095	0.3015	0.3047
December	0.3024	0.2995	0.3012