YEARLY HIGH
0.7851 TRY
YEARLY LOW
0.6603 TRY
YEARLY AVERAGE
0.7250 TRY

2019 HKD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the HKD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on May 8, valuing the pair at 0.7851. Conversely, the yearly low was recorded on January 31, dropping to 0.6603.

This high-to-low spread represents a total annual volatility of 0.1248 TRY. From a start-to-finish perspective, comparing the January average rate of 0.6835 to the December average rate of 0.7506, the exchange rate registered a net change of 9.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.7851 was down 11.34% compared to the 2018 peak of 0.8856, 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 19,627 TRY
2018 Average 15,458 TRY
Yearly Trough Low 16,507 TRY
Transaction Impact: A difference of 3,120.12 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.7792
0.6623
JanuMarcMayJulySeptNove

HKD to TRY 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 0.7171, compared to 0.7329 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0158 points.

H1 Avg (Jan–Jun) 0.7171
H2 Avg (Jul–Dec) 0.7329

Volatility Range Comparison

Volatility

The most volatile month in 2019 was April, with a trading range of 0.0577 TRY (High: 0.7604 / Low: 0.7027). On the other end, November was the most stable month, with a tight range of 0.0103 TRY (High: 0.7383 / Low: 0.7280).

April Spread (Volatile) ±0.0577
November Spread (Stable) ±0.0103

Growth Streaks & Declines

Trends

Between February and May, 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 0.0264 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0264

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2019: 0.7694) against the same month in 2018 (average: 0.5643), the exchange rate shifted by +0.2051 (+36.35%).

2019 Avg (May) 0.7694
2018 Avg (May) 0.5643

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7049 0.6603 0.6835
February 0.6806 0.6630 0.6721
March 0.7344 0.6836 0.6987
April 0.7604 0.7027 0.7362
May 0.7851 0.7450 0.7694
June 0.7548 0.7297 0.7430
July 0.7367 0.7106 0.7259
August 0.7435 0.6995 0.7204
September 0.7443 0.7208 0.7288
October 0.7559 0.7257 0.7387
November 0.7383 0.7280 0.7333
December 0.7640 0.7335 0.7506