YEARLY HIGH
3.4980 HKD
YEARLY LOW
3.3622 HKD
YEARLY AVERAGE
3.4307 HKD

2021 TOP to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TOP to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 3.4980. Conversely, the yearly low was recorded on February 7, dropping to 3.3622.

This high-to-low spread represents a total annual volatility of 0.1358 HKD. From a start-to-finish perspective, comparing the January average rate of 3.3989 to the December average rate of 3.4135, the exchange rate registered a net change of 0.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 3.4980 was up 1.54% compared to the 2020 peak of 3.4448, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 TOP based on timing:

Yearly Peak High 17,490 HKD
2020 Average 16,852 HKD
Yearly Trough Low 16,811 HKD
Transaction Impact: A difference of 678.86 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.4824
3.3684
JanuMarcMayJulySeptNove

TOP to HKD 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 3.4195, compared to 3.4419 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0224 points.

H1 Avg (JanтАУJun) 3.4195
H2 Avg (JulтАУDec) 3.4419

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0693 HKD (High: 3.4809 / Low: 3.4117). On the other end, July was the most stable month, with a tight range of 0.0261 HKD (High: 3.4551 / Low: 3.4290).

November Spread (Volatile) ┬▒0.0693
July Spread (Stable) ┬▒0.0261

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 November and December, when the average rate fell by 0.0370 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0370

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 3.4729) against the same month in 2020 (average: 3.4132), the exchange rate shifted by +0.0597 (+1.75%).

2021 Avg (June) 3.4729
2020 Avg (June) 3.4132

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 3.4295 3.3745 3.3989
February 3.4140 3.3622 3.3779
March 3.4363 3.3750 3.4054
April 3.4359 3.3936 3.4134
May 3.4781 3.4205 3.4487
June 3.4980 3.4416 3.4729
July 3.4551 3.4290 3.4415
August 3.4540 3.4084 3.4384
September 3.4721 3.4208 3.4545
October 3.4836 3.4288 3.4531
November 3.4809 3.4117 3.4505
December 3.4274 3.3989 3.4135