YEARLY HIGH
0.5897 HKD
YEARLY LOW
0.2128 HKD
YEARLY AVERAGE
0.5422 HKD

2019 NAD to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NAD to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.5897. Conversely, the yearly low was recorded on May 19, dropping to 0.2128.

This high-to-low spread represents a total annual volatility of 0.3769 HKD. From a start-to-finish perspective, comparing the January average rate of 0.5649 to the December average rate of 0.5417, the exchange rate registered a net change of -4.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.5897 was down 12.98% compared to the 2018 peak of 0.6777, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,949 HKD
2018 Average 2,981 HKD
Yearly Trough Low 1,064 HKD
Transaction Impact: A difference of 1,884.71 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.5747
0.5138
JanuMarcMayJulySeptNove

NAD 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 0.5510, compared to 0.5335 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0175 points.

H1 Avg (Jan–Jun) 0.5510
H2 Avg (Jul–Dec) 0.5335

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 0.3397 HKD (High: 0.5525 / Low: 0.2128). On the other end, July was the most stable month, with a tight range of 0.0134 HKD (High: 0.5635 / Low: 0.5500).

May Spread (Volatile) ±0.3397
July Spread (Stable) ±0.0134

Growth Streaks & Declines

Trends

Between May and July, 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 July and August, when the average rate fell by 0.0382 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0382

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 0.5696) against the same month in 2018 (average: 0.6614), the exchange rate shifted by -0.0918 (-13.88%).

2019 Avg (February) 0.5696
2018 Avg (February) 0.6614

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5883 0.5437 0.5649
February 0.5897 0.5552 0.5696
March 0.5651 0.5362 0.5464
April 0.5620 0.5369 0.5538
May 0.5525 0.2128 0.5340
June 0.5532 0.5217 0.5371
July 0.5635 0.5500 0.5571
August 0.5507 0.5081 0.5189
September 0.5353 0.5142 0.5275
October 0.5389 0.5136 0.5264
November 0.5357 0.5185 0.5291
December 0.5554 0.5283 0.5417