YEARLY HIGH
2.3281 MDL
YEARLY LOW
2.2067 MDL
YEARLY AVERAGE
2.2699 MDL

2021 HKD to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HKD to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on July 24, valuing the pair at 2.3281. Conversely, the yearly low was recorded on January 8, dropping to 2.2067.

This high-to-low spread represents a total annual volatility of 0.1214 MDL. From a start-to-finish perspective, comparing the January average rate of 2.2246 to the December average rate of 2.2737, the exchange rate registered a net change of 2.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.3281 was down 3.23% compared to the 2020 peak of 2.4058, 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 58,203 MDL
2020 Average 55,567 MDL
Yearly Trough Low 55,168 MDL
Transaction Impact: A difference of 3,035.65 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.3243
2.2156
JanuMarcMayJulySeptNove

HKD to MDL 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 2.2700, compared to 2.2697 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 2.2700
H2 Avg (Jul–Dec) 2.2697

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0632 MDL (High: 2.3237 / Low: 2.2605). On the other end, May was the most stable month, with a tight range of 0.0252 MDL (High: 2.2925 / Low: 2.2673).

June Spread (Volatile) ±0.0632
May Spread (Stable) ±0.0252

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0447 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0447

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 2.3152) against the same month in 2020 (average: 2.1867), the exchange rate shifted by +0.1285 (+5.88%).

2021 Avg (July) 2.3152
2020 Avg (July) 2.1867

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2517 2.2067 2.2246
February 2.2653 2.2264 2.2459
March 2.3161 2.2545 2.2795
April 2.3208 2.2779 2.3029
May 2.2925 2.2673 2.2782
June 2.3237 2.2605 2.2891
July 2.3281 2.2921 2.3152
August 2.3025 2.2491 2.2706
September 2.2720 2.2440 2.2612
October 2.2534 2.2187 2.2374
November 2.2780 2.2397 2.2602
December 2.2879 2.2563 2.2737