2020 XCD to HKD Historical Review

YEARLY HIGH

2.8843 HKD

YEARLY LOW

2.8677 HKD

YEARLY AVERAGE

2.8701 HKD

2020 XCD to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the XCD to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 28, valuing the pair at 2.8843. Conversely, the yearly low was recorded on October 10, dropping to 2.8677.

This high-to-low spread represents a total annual volatility of 0.0167 HKD. From a start-to-finish perspective, comparing the January average rate of 2.8763 to the December average rate of 2.8685, the exchange rate registered a net change of -0.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.8843 was down 0.71% compared to the 2019 peak of 2.9050, 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 14,422 HKD

2019 Average 14,496 HKD

Yearly Trough Low 14,338 HKD

Transaction Impact: A difference of 83.48 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.8779

2.8668

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 2.8720, compared to 2.8682 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 2.8720

H2 Avg (Jul–Dec) 2.8682

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0154 HKD (High: 2.8838 / Low: 2.8684). On the other end, September was the most stable month, with a tight range of 0.0003 HKD (High: 2.8679 / Low: 2.8677).

March Spread (Volatile) ±0.0154

September Spread (Stable) ±0.0003

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 March and April, when the average rate fell by 0.0050 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0050

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 2.8769) against the same month in 2019 (average: 2.9038), the exchange rate shifted by -0.0269 (-0.93%).

2020 Avg (February) 2.8769

2019 Avg (February) 2.9038

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8835	2.8737	2.8763
February	2.8843	2.8727	2.8769
March	2.8838	2.8684	2.8733
April	2.8689	2.8678	2.8682
May	2.8739	2.8678	2.8692
June	2.8683	2.8677	2.8678
July	2.8691	2.8677	2.8682
August	2.8682	2.8677	2.8679
September	2.8679	2.8677	2.8678
October	2.8693	2.8677	2.8680
November	2.8694	2.8679	2.8686
December	2.8694	2.8678	2.8685