YEARLY HIGH
5444.6052 IRR
YEARLY LOW
5408.6223 IRR
YEARLY AVERAGE
5423.7727 IRR

2021 HKD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HKD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 5444.6052. Conversely, the yearly low was recorded on April 7, dropping to 5408.6223.

This high-to-low spread represents a total annual volatility of 35.9828 IRR. From a start-to-finish perspective, comparing the January average rate of 5431.1196 to the December average rate of 5418.8790, the exchange rate registered a net change of -0.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 5444.6052 was down 36.26% compared to the 2020 peak of 8542.0817, 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 136,115,130 IRR
2020 Average 135,934,077 IRR
Yearly Trough Low 135,215,559 IRR
Transaction Impact: A difference of 899,570.96 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

5432.4335
5416.6666
JanuMarcMayJulySeptNove

HKD to IRR 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 5425.1777, compared to 5422.3677 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.8100 points.

H1 Avg (Jan–Jun) 5425.1777
H2 Avg (Jul–Dec) 5422.3677

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 19.0860 IRR (High: 5437.2683 / Low: 5418.1823). On the other end, February was the most stable month, with a tight range of 3.6555 IRR (High: 5431.8869 / Low: 5428.2314).

October Spread (Volatile) ±19.0860
February Spread (Stable) ±3.6555

Growth Streaks & Declines

Trends

Between April and June, 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 February and March, when the average rate fell by 7.9107 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -7.9107

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 5431.1196) against the same month in 2020 (average: 5416.7017), the exchange rate shifted by +14.4178 (+0.27%).

2021 Avg (January) 5431.1196
2020 Avg (January) 5416.7017

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5444.6052 5427.9215 5431.1196
February 5431.8869 5428.2314 5430.5660
March 5428.8446 5415.1207 5422.6553
April 5426.4790 5408.6223 5419.0763
May 5428.9383 5419.1630 5422.3296
June 5432.3795 5421.4657 5425.3196
July 5427.9736 5415.9573 5423.1049
August 5425.1332 5409.6804 5417.9805
September 5434.2196 5419.5303 5424.2732
October 5437.2683 5418.1823 5426.3568
November 5428.2307 5416.7014 5423.6120
December 5425.4712 5414.6050 5418.8790