2020 HKD to ZAR Historical Review

YEARLY HIGH

2.4855 ZAR

YEARLY LOW

1.7978 ZAR

YEARLY AVERAGE

2.1232 ZAR

2020 HKD to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HKD to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 5, valuing the pair at 2.4855. Conversely, the yearly low was recorded on January 1, dropping to 1.7978.

This high-to-low spread represents a total annual volatility of 0.6877 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.8533 to the December average rate of 1.9183, the exchange rate registered a net change of 3.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.4855 was up 26.10% compared to the 2019 peak of 1.9711, 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 62,136 ZAR

2019 Average 46,106 ZAR

Yearly Trough Low 44,944 ZAR

Transaction Impact: A difference of 17,191.89 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.4577

1.7984

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 2.1491, compared to 2.0973 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0518 points.

H1 Avg (Jan–Jun) 2.1491

H2 Avg (Jul–Dec) 2.0973

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.3464 ZAR (High: 2.3106 / Low: 1.9641). On the other end, October was the most stable month, with a tight range of 0.0673 ZAR (High: 2.1574 / Low: 2.0902).

March Spread (Volatile) ±0.3464

October Spread (Stable) ±0.0673

Growth Streaks & Declines

Trends

Between January and April, 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 0.1332 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1332

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 2.4028) against the same month in 2019 (average: 1.8031), the exchange rate shifted by +0.5997 (+33.26%).

2020 Avg (April) 2.4028

2019 Avg (April) 1.8031

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9323	1.7978	1.8533
February	2.0102	1.9009	1.9362
March	2.3106	1.9641	2.1506
April	2.4855	2.3257	2.4028
May	2.4404	2.2389	2.3423
June	2.2487	2.1322	2.2092
July	2.2154	2.1163	2.1631
August	2.2827	2.1383	2.2219
September	2.2132	2.0861	2.1577
October	2.1574	2.0902	2.1206
November	2.0995	1.9524	2.0021
December	1.9725	1.8747	1.9183