YEARLY HIGH
2.8959 HKD
YEARLY LOW
2.8693 HKD
YEARLY AVERAGE
2.8833 HKD

2017 XCD to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the XCD to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 2.8959. Conversely, the yearly low was recorded on January 5, dropping to 2.8693.

This high-to-low spread represents a total annual volatility of 0.0266 HKD. From a start-to-finish perspective, comparing the January average rate of 2.8701 to the December average rate of 2.8908, the exchange rate registered a net change of 0.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.8959 was up 0.04% compared to the 2016 peak of 2.8948, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,479 HKD
2016 Average 14,369 HKD
Yearly Trough Low 14,346 HKD
Transaction Impact: A difference of 133.06 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.8964
2.8677
JanuMarcMayJulySeptNove

XCD 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 2.8763, compared to 2.8903 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0140 points.

H1 Avg (Jan–Jun) 2.8763
H2 Avg (Jul–Dec) 2.8903

Volatility Range Comparison

Volatility

The most volatile month in 2017 was September, with a trading range of 0.0093 HKD (High: 2.8957 / Low: 2.8864). On the other end, February was the most stable month, with a tight range of 0.0018 HKD (High: 2.8722 / Low: 2.8705).

September Spread (Volatile) ±0.0093
February Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0034 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 2.8940) against the same month in 2016 (average: 2.8734), the exchange rate shifted by +0.0206 (+0.72%).

2017 Avg (August) 2.8940
2016 Avg (August) 2.8734

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8711 2.8693 2.8701
February 2.8722 2.8705 2.8713
March 2.8754 2.8720 2.8734
April 2.8791 2.8746 2.8765
May 2.8841 2.8782 2.8814
June 2.8889 2.8821 2.8854
July 2.8908 2.8874 2.8894
August 2.8959 2.8911 2.8940
September 2.8957 2.8864 2.8915
October 2.8904 2.8860 2.8881
November 2.8906 2.8851 2.8882
December 2.8944 2.8880 2.8908