YEARLY HIGH
0.5316 PEN
YEARLY LOW
0.4619 PEN
YEARLY AVERAGE
0.4991 PEN

2021 HKD to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HKD to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 0.5316. Conversely, the yearly low was recorded on April 9, dropping to 0.4619.

This high-to-low spread represents a total annual volatility of 0.0697 PEN. From a start-to-finish perspective, comparing the January average rate of 0.4679 to the December average rate of 0.5185, the exchange rate registered a net change of 10.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5316 was up 12.48% compared to the 2020 peak of 0.4726, 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 13,290 PEN
2020 Average 11,264 PEN
Yearly Trough Low 11,547 PEN
Transaction Impact: A difference of 1,742.87 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5340
0.4618
JanuMarcMayJulySeptNove

HKD to PEN 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 0.4800, compared to 0.5183 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0382 points.

H1 Avg (Jan–Jun) 0.4800
H2 Avg (Jul–Dec) 0.5183

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0301 PEN (High: 0.4920 / Low: 0.4619). On the other end, February was the most stable month, with a tight range of 0.0026 PEN (High: 0.4718 / Low: 0.4693).

April Spread (Volatile) ±0.0301
February Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0115 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0115

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 0.5165) against the same month in 2020 (average: 0.4639), the exchange rate shifted by +0.0526 (+11.35%).

2021 Avg (October) 0.5165
2020 Avg (October) 0.4639

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4706 0.4654 0.4679
February 0.4718 0.4693 0.4702
March 0.4837 0.4715 0.4774
April 0.4920 0.4619 0.4750
May 0.4963 0.4710 0.4855
June 0.5135 0.4929 0.5042
July 0.5126 0.4980 0.5067
August 0.5285 0.5049 0.5239
September 0.5310 0.5260 0.5280
October 0.5316 0.5039 0.5165
November 0.5214 0.5133 0.5159
December 0.5237 0.5086 0.5185