YEARLY HIGH
53.2072 NGN
YEARLY LOW
48.8886 NGN
YEARLY AVERAGE
51.8848 NGN

2021 HKD to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HKD to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 30, valuing the pair at 53.2072. Conversely, the yearly low was recorded on April 27, dropping to 48.8886.

This high-to-low spread represents a total annual volatility of 4.3186 NGN. From a start-to-finish perspective, comparing the January average rate of 50.0222 to the December average rate of 52.7279, the exchange rate registered a net change of 5.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 53.2072 was up 4.47% compared to the 2020 peak of 50.9317, 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 1,330,180 NGN
2020 Average 1,225,733 NGN
Yearly Trough Low 1,222,214 NGN
Transaction Impact: A difference of 107,965.72 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

53.2970
49.6681
JanuMarcMayJulySeptNove

HKD to NGN 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: JanтАУJun) was 50.9360, compared to 52.8336 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 1.8976 points.

H1 Avg (JanтАУJun) 50.9360
H2 Avg (JulтАУDec) 52.8336

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 4.2884 NGN (High: 53.2072 / Low: 48.9188). On the other end, August was the most stable month, with a tight range of 0.2080 NGN (High: 52.9520 / Low: 52.7440).

May Spread (Volatile) ┬▒4.2884
August Spread (Stable) ┬▒0.2080

Growth Streaks & Declines

Trends

Between March and June, 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 February and March, when the average rate fell by 0.3179 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3179

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 52.0560) against the same month in 2020 (average: 50.1838), the exchange rate shifted by +1.8722 (+3.73%).

2021 Avg (May) 52.0560
2020 Avg (May) 50.1838

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 51.1657 49.0762 50.0222
February 53.1952 49.0212 50.2885
March 52.9214 48.9145 49.9705
April 52.8900 48.8886 50.2843
May 53.2072 48.9188 52.0560
June 53.1956 52.8046 52.9946
July 52.9941 52.7850 52.9211
August 52.9520 52.7440 52.8731
September 53.0070 52.7266 52.8980
October 53.0452 52.6991 52.8321
November 52.9780 52.5576 52.7494
December 53.0418 52.5142 52.7279