YEARLY HIGH
22.4205 LRD
YEARLY LOW
18.1405 LRD
YEARLY AVERAGE
21.3957 LRD

2021 HKD to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HKD to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 3, valuing the pair at 22.4205. Conversely, the yearly low was recorded on December 15, dropping to 18.1405.

This high-to-low spread represents a total annual volatility of 4.2799 LRD. From a start-to-finish perspective, comparing the January average rate of 21.7046 to the December average rate of 18.2827, the exchange rate registered a net change of -15.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 22.4205 was down 12.85% compared to the 2020 peak of 25.7250, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 560,511 LRD
2020 Average 617,898 LRD
Yearly Trough Low 453,513 LRD
Transaction Impact: A difference of 106,998.06 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

22.7608
17.8756
JanuMarcMayJulySeptNove

HKD to LRD 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 22.1240, compared to 20.6675 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4565 points.

H1 Avg (Jan–Jun) 22.1240
H2 Avg (Jul–Dec) 20.6675

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 2.5074 LRD (High: 21.9677 / Low: 19.4603). On the other end, July was the most stable month, with a tight range of 0.0313 LRD (High: 22.0915 / Low: 22.0602).

October Spread (Volatile) ±2.5074
July Spread (Stable) ±0.0313

Growth Streaks & Declines

Trends

Between January and March, 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 October and November, when the average rate fell by 2.3573 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.3573

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 22.3537) against the same month in 2020 (average: 25.4672), the exchange rate shifted by -3.1135 (-12.23%).

2021 Avg (March) 22.3537
2020 Avg (March) 25.4672

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 22.0571 21.1825 21.7046
February 22.3657 22.0566 22.2579
March 22.4205 22.2570 22.3537
April 22.2552 22.1501 22.2179
May 22.1569 22.1039 22.1251
June 22.1062 22.0641 22.0846
July 22.0915 22.0602 22.0827
August 22.0939 22.0257 22.0582
September 22.1138 21.9614 22.0427
October 21.9677 19.4603 20.9480
November 19.2897 18.2052 18.5907
December 18.6151 18.1405 18.2827