YEARLY HIGH
256.6283 CDF
YEARLY LOW
191.8184 CDF
YEARLY AVERAGE
238.5447 CDF

2020 HKD to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HKD to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 7, valuing the pair at 256.6283. Conversely, the yearly low was recorded on December 6, dropping to 191.8184.

This high-to-low spread represents a total annual volatility of 64.8099 CDF. From a start-to-finish perspective, comparing the January average rate of 216.9686 to the December average rate of 252.1523, the exchange rate registered a net change of 16.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 256.6283 was up 18.51% compared to the 2019 peak of 216.5509, 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 6,415,707 CDF
2019 Average 5,273,867 CDF
Yearly Trough Low 4,795,459 CDF
Transaction Impact: A difference of 1,620,247.59 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

257.2924
213.3028
JanuMarcMayJulySeptNove

HKD to CDF 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 224.5910, compared to 252.4984 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 27.9074 points.

H1 Avg (Jan–Jun) 224.5910
H2 Avg (Jul–Dec) 252.4984

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 62.7256 CDF (High: 254.5440 / Low: 191.8184). On the other end, February was the most stable month, with a tight range of 0.9053 CDF (High: 217.8418 / Low: 216.9365).

December Spread (Volatile) ±62.7256
February Spread (Stable) ±0.9053

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 1.6610 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -1.6610

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 253.3290) against the same month in 2019 (average: 211.3403), the exchange rate shifted by +41.9887 (+19.87%).

2020 Avg (August) 253.3290
2019 Avg (August) 211.3403

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 217.3581 216.4422 216.9686
February 217.8418 216.9365 217.4226
March 220.9043 217.6160 219.5132
April 223.0537 220.0444 221.6684
May 235.6498 222.6280 230.3856
June 248.0775 235.4793 241.5874
July 253.8795 246.5797 251.0299
August 256.6283 251.7607 253.3290
September 254.1922 252.3778 253.2568
October 253.8928 233.8150 251.5958
November 254.3016 253.1424 253.6266
December 254.5440 191.8184 252.1523