YEARLY HIGH
0.0152 HKD
YEARLY LOW
0.0031 HKD
YEARLY AVERAGE
0.0078 HKD

2021 SYP to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SYP to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.0152. Conversely, the yearly low was recorded on November 22, dropping to 0.0031.

This high-to-low spread represents a total annual volatility of 0.0121 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0151 to the December average rate of 0.0031, the exchange rate registered a net change of -79.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0152 was down 0.13% compared to the 2020 peak of 0.0152, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 76 HKD
2020 Average 76 HKD
Yearly Trough Low 16 HKD
Transaction Impact: A difference of 60.26 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0163
0.0019
JanuMarcMayJulySeptNove

SYP 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 0.0102, compared to 0.0055 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0047 points.

H1 Avg (Jan–Jun) 0.0102
H2 Avg (Jul–Dec) 0.0055

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0090 HKD (High: 0.0152 / Low: 0.0062). On the other end, December was the most stable month, with a tight range of 0.0000 HKD (High: 0.0031 / Low: 0.0031).

March Spread (Volatile) ±0.0090
December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between June and August, 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 0.0062 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0062

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0124) against the same month in 2020 (average: 0.0151), the exchange rate shifted by -0.0027 (-17.62%).

2021 Avg (March) 0.0124
2020 Avg (March) 0.0151

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0151 0.0151 0.0151
February 0.0151 0.0151 0.0151
March 0.0152 0.0062 0.0124
April 0.0062 0.0062 0.0062
May 0.0062 0.0062 0.0062
June 0.0062 0.0062 0.0062
July 0.0062 0.0062 0.0062
August 0.0062 0.0062 0.0062
September 0.0062 0.0062 0.0062
October 0.0062 0.0062 0.0062
November 0.0062 0.0031 0.0050
December 0.0031 0.0031 0.0031