YEARLY HIGH
0.4191 HKD
YEARLY LOW
0.3062 HKD
YEARLY AVERAGE
0.3635 HKD

2020 MXN to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MXN to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 0.4191. Conversely, the yearly low was recorded on March 23, dropping to 0.3062.

This high-to-low spread represents a total annual volatility of 0.1128 HKD. From a start-to-finish perspective, comparing the January average rate of 0.4134 to the December average rate of 0.3886, the exchange rate registered a net change of -6.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.4191 was up 0.22% compared to the 2019 peak of 0.4181, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 20,953 HKD
2019 Average 20,358 HKD
Yearly Trough Low 15,312 HKD
Transaction Impact: A difference of 5,641.41 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.4227
0.3109
JanuMarcMayJulySeptNove

MXN 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: Jan–Jun) was 0.3624, compared to 0.3647 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.3624
H2 Avg (Jul–Dec) 0.3647

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0946 HKD (High: 0.4008 / Low: 0.3062). On the other end, January was the most stable month, with a tight range of 0.0066 HKD (High: 0.4163 / Low: 0.4097).

March Spread (Volatile) ±0.0946
January Spread (Stable) ±0.0066

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0626 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0626

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.4126) against the same month in 2019 (average: 0.4092), the exchange rate shifted by +0.0034 (+0.84%).

2020 Avg (February) 0.4126
2019 Avg (February) 0.4092

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4163 0.4097 0.4134
February 0.4191 0.3974 0.4126
March 0.4008 0.3062 0.3500
April 0.3323 0.3067 0.3203
May 0.3496 0.3121 0.3310
June 0.3608 0.3361 0.3471
July 0.3532 0.3399 0.3461
August 0.3563 0.3423 0.3499
September 0.3709 0.3459 0.3585
October 0.3715 0.3548 0.3649
November 0.3881 0.3626 0.3802
December 0.3920 0.3832 0.3886