YEARLY HIGH
2.0869 HKD
YEARLY LOW
2.0639 HKD
YEARLY AVERAGE
2.0778 HKD

2017 SAR to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SAR to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 2.0869. Conversely, the yearly low was recorded on April 8, dropping to 2.0639.

This high-to-low spread represents a total annual volatility of 0.0230 HKD. From a start-to-finish perspective, comparing the January average rate of 2.0682 to the December average rate of 2.0833, the exchange rate registered a net change of 0.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.0869 was up 0.14% compared to the 2016 peak of 2.0840, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,434 HKD
2016 Average 10,348 HKD
Yearly Trough Low 10,319 HKD
Transaction Impact: A difference of 115.19 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.0873
2.0664
JanuMarcMayJulySeptNove

SAR 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 2.0727, compared to 2.0829 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0102 points.

H1 Avg (Jan–Jun) 2.0727
H2 Avg (Jul–Dec) 2.0829

Volatility Range Comparison

Volatility

The most volatile month in 2017 was April, with a trading range of 0.0110 HKD (High: 2.0749 / Low: 2.0639). On the other end, February was the most stable month, with a tight range of 0.0015 HKD (High: 2.0698 / Low: 2.0683).

April Spread (Volatile) ±0.0110
February Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0025 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 2.0855) against the same month in 2016 (average: 2.0681), the exchange rate shifted by +0.0174 (+0.84%).

2017 Avg (August) 2.0855
2016 Avg (August) 2.0681

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0693 2.0674 2.0682
February 2.0698 2.0683 2.0690
March 2.0722 2.0697 2.0707
April 2.0749 2.0639 2.0724
May 2.0784 2.0739 2.0764
June 2.0818 2.0769 2.0793
July 2.0834 2.0808 2.0822
August 2.0869 2.0835 2.0855
September 2.0868 2.0799 2.0837
October 2.0830 2.0797 2.0813
November 2.0831 2.0791 2.0813
December 2.0864 2.0810 2.0833