YEARLY HIGH
1.9585 HKD
YEARLY LOW
1.7061 HKD
YEARLY AVERAGE
1.8300 HKD

2020 RON to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the RON to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1.9585. Conversely, the yearly low was recorded on March 19, dropping to 1.7061.

This high-to-low spread represents a total annual volatility of 0.2524 HKD. From a start-to-finish perspective, comparing the January average rate of 1.8063 to the December average rate of 1.9374, the exchange rate registered a net change of 7.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.9585 was up 1.05% compared to the 2019 peak of 1.9380, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,792 HKD
2019 Average 9,243 HKD
Yearly Trough Low 8,530 HKD
Transaction Impact: A difference of 1,262.06 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.9570
1.7225
JanuMarcMayJulySeptNove

RON 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 1.7756, compared to 1.8843 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1087 points.

H1 Avg (Jan–Jun) 1.7756
H2 Avg (Jul–Dec) 1.8843

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1312 HKD (High: 1.8373 / Low: 1.7061). On the other end, October was the most stable month, with a tight range of 0.0304 HKD (High: 1.8875 / Low: 1.8571).

March Spread (Volatile) ±0.1312
October Spread (Stable) ±0.0304

Growth Streaks & Declines

Trends

Between April and August, 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 March and April, when the average rate fell by 0.0360 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0360

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 1.9374) against the same month in 2019 (average: 1.8148), the exchange rate shifted by +0.1226 (+6.75%).

2020 Avg (December) 1.9374
2019 Avg (December) 1.8148

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8272 1.7910 1.8063
February 1.8028 1.7504 1.7751
March 1.8373 1.7061 1.7780
April 1.7625 1.7249 1.7420
May 1.7786 1.7304 1.7497
June 1.8235 1.7760 1.8027
July 1.9039 1.8009 1.8360
August 1.9142 1.8815 1.8959
September 1.9091 1.8469 1.8795
October 1.8875 1.8571 1.8715
November 1.9027 1.8547 1.8857
December 1.9585 1.9215 1.9374