YEARLY HIGH
2.1651 HKD
YEARLY LOW
1.8811 HKD
YEARLY AVERAGE
2.0074 HKD

2021 PEN to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PEN to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 9, valuing the pair at 2.1651. Conversely, the yearly low was recorded on October 2, dropping to 1.8811.

This high-to-low spread represents a total annual volatility of 0.2839 HKD. From a start-to-finish perspective, comparing the January average rate of 2.1374 to the December average rate of 1.9288, the exchange rate registered a net change of -9.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.1651 was down 8.07% compared to the 2020 peak of 2.3552, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 PEN based on timing:

Yearly Peak High 10,825 HKD
2020 Average 11,105 HKD
Yearly Trough Low 9,406 HKD
Transaction Impact: A difference of 1,419.66 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.1618
1.8696
JanuMarcMayJulySeptNove

PEN to HKD 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 2.0848, compared to 1.9300 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1548 points.

H1 Avg (Jan–Jun) 2.0848
H2 Avg (Jul–Dec) 1.9300

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.1325 HKD (High: 2.1651 / Low: 2.0325). On the other end, February was the most stable month, with a tight range of 0.0116 HKD (High: 2.1310 / Low: 2.1195).

April Spread (Volatile) ±0.1325
February Spread (Stable) ±0.0116

Growth Streaks & Declines

Trends

Between September and November, 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 May and June, when the average rate fell by 0.0767 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0767

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 2.1061) against the same month in 2020 (average: 2.2795), the exchange rate shifted by -0.1734 (-7.60%).

2021 Avg (April) 2.1061
2020 Avg (April) 2.2795

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1487 2.1248 2.1374
February 2.1310 2.1195 2.1267
March 2.1210 2.0675 2.0947
April 2.1651 2.0325 2.1061
May 2.1230 2.0149 2.0603
June 2.0289 1.9473 1.9837
July 2.0081 1.9509 1.9735
August 1.9805 1.8920 1.9088
September 1.9012 1.8833 1.8939
October 1.9846 1.8811 1.9366
November 1.9484 1.9180 1.9384
December 1.9663 1.9093 1.9288