2019 HKD to ZAR Historical Review

YEARLY HIGH

1.9711 ZAR

YEARLY LOW

1.6906 ZAR

YEARLY AVERAGE

1.8438 ZAR

2019 HKD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the HKD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 19, valuing the pair at 1.9711. Conversely, the yearly low was recorded on January 31, dropping to 1.6906.

This high-to-low spread represents a total annual volatility of 0.2805 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.7643 to the December average rate of 1.8439, the exchange rate registered a net change of 4.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.9711 was up 0.36% compared to the 2018 peak of 1.9641, 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 49,276 ZAR

2018 Average 42,262 ZAR

Yearly Trough Low 42,265 ZAR

Transaction Impact: A difference of 7,011.53 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.9535

1.7418

JanuMarcMayJulySeptNove

HKD to ZAR 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 1.8097, compared to 1.8779 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0682 points.

H1 Avg (Jan–Jun) 1.8097

H2 Avg (Jul–Dec) 1.8779

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.1715 ZAR (High: 1.8621 / Low: 1.6906). On the other end, November was the most stable month, with a tight range of 0.0460 ZAR (High: 1.9179 / Low: 1.8719).

January Spread (Volatile) ±0.1715

November Spread (Stable) ±0.0460

Growth Streaks & Declines

Trends

Between April and June, 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 June and July, when the average rate fell by 0.0609 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0609

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 1.9358) against the same month in 2018 (average: 1.7904), the exchange rate shifted by +0.1455 (+8.13%).

2019 Avg (August) 1.9358

2018 Avg (August) 1.7904

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8621	1.6906	1.7643
February	1.8005	1.6980	1.7595
March	1.8615	1.8049	1.8336
April	1.8428	1.7747	1.8031
May	1.8846	1.8047	1.8362
June	1.9153	1.8024	1.8614
July	1.8325	1.7752	1.8004
August	1.9711	1.8682	1.9358
September	1.9446	1.8640	1.8980
October	1.9558	1.8586	1.8989
November	1.9179	1.8719	1.8901
December	1.8895	1.7989	1.8439