YEARLY HIGH
0.8956 HKD
YEARLY LOW
0.8821 HKD
YEARLY AVERAGE
0.8865 HKD

2020 SVC to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SVC to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 29, valuing the pair at 0.8956. Conversely, the yearly low was recorded on April 2, dropping to 0.8821.

This high-to-low spread represents a total annual volatility of 0.0135 HKD. From a start-to-finish perspective, comparing the January average rate of 0.8883 to the December average rate of 0.8859, the exchange rate registered a net change of -0.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.8956 was down 1.73% compared to the 2019 peak of 0.9114, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,478 HKD
2019 Average 4,478 HKD
Yearly Trough Low 4,410 HKD
Transaction Impact: A difference of 67.50 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.8889
0.8854
JanuMarcMayJulySeptNove

SVC 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 0.8872, compared to 0.8859 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.8872
H2 Avg (Jul–Dec) 0.8859

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0131 HKD (High: 0.8956 / Low: 0.8825). On the other end, September was the most stable month, with a tight range of 0.0010 HKD (High: 0.8862 / Low: 0.8852).

March Spread (Volatile) ±0.0131
September Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between September and November, 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 March and April, when the average rate fell by 0.0016 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.8878) against the same month in 2019 (average: 0.8973), the exchange rate shifted by -0.0095 (-1.06%).

2020 Avg (March) 0.8878
2019 Avg (March) 0.8973

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8903 0.8860 0.8883
February 0.8912 0.8872 0.8886
March 0.8956 0.8825 0.8878
April 0.8936 0.8821 0.8862
May 0.8918 0.8852 0.8864
June 0.8862 0.8851 0.8858
July 0.8868 0.8846 0.8859
August 0.8884 0.8832 0.8858
September 0.8862 0.8852 0.8857
October 0.8865 0.8853 0.8858
November 0.8874 0.8855 0.8860
December 0.8867 0.8855 0.8859