YEARLY HIGH
0.3487 XCD
YEARLY LOW
0.3467 XCD
YEARLY AVERAGE
0.3484 XCD

2020 HKD to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HKD to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 9, valuing the pair at 0.3487. Conversely, the yearly low was recorded on February 29, dropping to 0.3467.

This high-to-low spread represents a total annual volatility of 0.0020 XCD. From a start-to-finish perspective, comparing the January average rate of 0.3477 to the December average rate of 0.3486, the exchange rate registered a net change of 0.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.3487 was up 0.46% compared to the 2019 peak of 0.3471, 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 8,718 XCD
2019 Average 8,623 XCD
Yearly Trough Low 8,667 XCD
Transaction Impact: A difference of 50.46 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3488
0.3475
JanuMarcMayJulySeptNove

HKD to XCD 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 0.3482, compared to 0.3487 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) 0.3482
H2 Avg (Jul–Dec) 0.3487

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0019 XCD (High: 0.3486 / Low: 0.3468). On the other end, September was the most stable month, with a tight range of 0.0000 XCD (High: 0.3487 / Low: 0.3487).

March Spread (Volatile) ±0.0019
September Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between February and April, 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 April and May, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2020: 0.3487) against the same month in 2019 (average: 0.3446), the exchange rate shifted by +0.0040 (+1.18%).

2020 Avg (October) 0.3487
2019 Avg (October) 0.3446

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3480 0.3468 0.3477
February 0.3481 0.3467 0.3476
March 0.3486 0.3468 0.3480
April 0.3487 0.3486 0.3486
May 0.3487 0.3480 0.3485
June 0.3487 0.3486 0.3487
July 0.3487 0.3485 0.3487
August 0.3487 0.3487 0.3487
September 0.3487 0.3487 0.3487
October 0.3487 0.3485 0.3487
November 0.3487 0.3485 0.3486
December 0.3487 0.3485 0.3486