YEARLY HIGH
1.0995 TRY
YEARLY LOW
0.7535 TRY
YEARLY AVERAGE
0.9052 TRY

2020 HKD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HKD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 6, valuing the pair at 1.0995. Conversely, the yearly low was recorded on January 16, dropping to 0.7535.

This high-to-low spread represents a total annual volatility of 0.3460 TRY. From a start-to-finish perspective, comparing the January average rate of 0.7622 to the December average rate of 0.9936, the exchange rate registered a net change of 30.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.0995 was up 40.04% compared to the 2019 peak of 0.7851, 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 27,487 TRY
2019 Average 18,134 TRY
Yearly Trough Low 18,838 TRY
Transaction Impact: A difference of 8,649.70 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.0540
0.7357
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 0.8361, compared to 0.9744 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1383 points.

H1 Avg (Jan–Jun) 0.8361
H2 Avg (Jul–Dec) 0.9744

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.1264 TRY (High: 1.0995 / Low: 0.9731). On the other end, January was the most stable month, with a tight range of 0.0168 TRY (High: 0.7703 / Low: 0.7535).

November Spread (Volatile) ±0.1264
January Spread (Stable) ±0.0168

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0339 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0339

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 1.0275) against the same month in 2019 (average: 0.7333), the exchange rate shifted by +0.2943 (+40.13%).

2020 Avg (November) 1.0275
2019 Avg (November) 0.7333

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7703 0.7535 0.7622
February 0.8008 0.7699 0.7802
March 0.8534 0.7824 0.8174
April 0.9018 0.8559 0.8838
May 0.9287 0.8686 0.8931
June 0.8847 0.8652 0.8797
July 0.9002 0.8812 0.8865
August 0.9547 0.8943 0.9392
September 1.0090 0.9510 0.9740
October 1.0765 1.0008 1.0257
November 1.0995 0.9731 1.0275
December 1.0179 0.9521 0.9936