YEARLY HIGH
4.0409 TWD
YEARLY LOW
3.8406 TWD
YEARLY AVERAGE
3.9418 TWD

2019 HKD to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the HKD to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 5, valuing the pair at 4.0409. Conversely, the yearly low was recorded on December 31, dropping to 3.8406.

This high-to-low spread represents a total annual volatility of 0.2003 TWD. From a start-to-finish perspective, comparing the January average rate of 3.9279 to the December average rate of 3.8750, the exchange rate registered a net change of -1.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 4.0409 was up 1.88% compared to the 2018 peak of 3.9663, 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 101,024 TWD
2018 Average 96,121 TWD
Yearly Trough Low 96,016 TWD
Transaction Impact: A difference of 5,007.77 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

4.0133
3.8624
JanuMarcMayJulySeptNove

HKD to TWD 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 3.9478, compared to 3.9359 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0120 points.

H1 Avg (Jan–Jun) 3.9478
H2 Avg (Jul–Dec) 3.9359

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 0.0946 TWD (High: 4.0297 / Low: 3.9352). On the other end, February was the most stable month, with a tight range of 0.0186 TWD (High: 3.9365 / Low: 3.9179).

May Spread (Volatile) ±0.0946
February Spread (Stable) ±0.0186

Growth Streaks & Declines

Trends

Between February and June, 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 September and October, when the average rate fell by 0.0562 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0562

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 4.0008) against the same month in 2018 (average: 3.9091), the exchange rate shifted by +0.0916 (+2.34%).

2019 Avg (August) 4.0008
2018 Avg (August) 3.9091

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.9427 3.8982 3.9279
February 3.9365 3.9179 3.9253
March 3.9400 3.9187 3.9321
April 3.9432 3.9229 3.9326
May 4.0297 3.9352 3.9788
June 4.0250 3.9503 3.9901
July 4.0020 3.9545 3.9764
August 4.0409 3.9659 4.0008
September 4.0010 3.9451 3.9646
October 3.9614 3.8728 3.9084
November 3.9071 3.8644 3.8900
December 3.8968 3.8406 3.8750