YEARLY HIGH
0.5500 HKD
YEARLY LOW
0.3602 HKD
YEARLY AVERAGE
0.4451 HKD

2021 SRD to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SRD to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 7, valuing the pair at 0.5500. Conversely, the yearly low was recorded on November 2, dropping to 0.3602.

This high-to-low spread represents a total annual volatility of 0.1898 HKD. From a start-to-finish perspective, comparing the January average rate of 0.5478 to the December average rate of 0.3683, the exchange rate registered a net change of -32.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5500 was down 47.38% compared to the 2020 peak of 1.0452, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,750 HKD
2020 Average 4,522 HKD
Yearly Trough Low 1,801 HKD
Transaction Impact: A difference of 948.79 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5676
0.3436
JanuMarcMayJulySeptNove

SRD 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 0.5255, compared to 0.3648 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1607 points.

H1 Avg (Jan–Jun) 0.5255
H2 Avg (Jul–Dec) 0.3648

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.1857 HKD (High: 0.5482 / Low: 0.3626). On the other end, January was the most stable month, with a tight range of 0.0003 HKD (High: 0.5480 / Low: 0.5477).

June Spread (Volatile) ±0.1857
January Spread (Stable) ±0.0003

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 May and June, when the average rate fell by 0.1376 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1376

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.5489) against the same month in 2020 (average: 1.0394), the exchange rate shifted by -0.4904 (-47.18%).

2021 Avg (April) 0.5489
2020 Avg (April) 1.0394

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5480 0.5477 0.5478
February 0.5480 0.5477 0.5478
March 0.5493 0.5480 0.5486
April 0.5500 0.5482 0.5489
May 0.5489 0.5483 0.5486
June 0.5482 0.3626 0.4111
July 0.3722 0.3631 0.3673
August 0.3657 0.3626 0.3639
September 0.3663 0.3632 0.3640
October 0.3645 0.3617 0.3631
November 0.3634 0.3602 0.3622
December 0.4019 0.3618 0.3683