Forex metals

Silver (troy oz) vs. Hong Kong dollar (XAGHKD) Seasonality

Over 1990 to 2025 (36 years of data), XAGHKD has tended to move long between 10.10 and 05.12, closing higher in 77.8% of those years for an average +2.93% move and an annualized Sharpe of 0.57.

Years: 1990-2025
Category: Forex metals
Windows: 8

Best window

10.10 - 05.12

Direction

Long

Win rate

77.8%

Avg return

+2.93%

Sample

27 yrs

Average seasonal curve

Average path across the year

1990-2025

Strongest recurring windows

Window	Dir	Win rate	Avg return	Sharpe	Years
10.10 → 05.12	Long	77.8%	+2.93%	0.57	27
12.10 → 05.12	Long	77.8%	+2.67%	0.52	27
12.10 → 04.12	Long	77.8%

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Open in the seasonality screener →Browse all instruments How to read seasonality

XAGHKD average seasonal curve, 1990 to 2025
Index	Value
1	100
2	100.3636
3	100.3642
4	100.493
5	100.3735
6	100.4138
7	99.9909
8	99.2718
9	99.258
10	99.3325
11	99.2766
12	99.3911
13	99.3641
14	99.5263
15	99.3819
16	99.3093
17	99.1277
18	99.2535
19	99.3696
20	99.354
21	99.2888
22	99.5059
23	100.0716
24	100.0493
25	100.2367
26	100.2133
27	100.1756
28	100.5042
29	100.5447
30	99.0555
31	99.2821
32	99.2412
33	99.499
34	99.568
35	99.7157
36	98.1927
37	99.018
38	99.0072
39	99.0135
40	99.0973
41	98.8734
42	99.0863
43	98.7654
44	99.1693
45	98.9628
46	98.8514
47	98.9543
48	98.5851
49	98.8996
50	98.7196
51	98.9785
52	98.9415
53	99.0815
54	98.9309
55	98.9363
56	98.9882
57	99.0747
58	99.0526
59	99.2763
60	99.222
61	98.7435
62	98.3371
63	98.5578
64	98.4414
65	98.6921
66	98.5324
67	98.7431
68	99.0135
69	99.2413
70	99.1293
71	99.6801
72	99.5124
73	99.5437
74	99.2813
75	99.3258
76	99.5049
77	99.5208
78	99.5924
79	99.0917
80	99.5214
81	99.6005
82	100.0215
83	100.1384
84	100.2602
85	100.2111
86	100.392
87	100.4074
88	100.3571
89	100.3588
90	100.6553
91	101.0641
92	101.2525
93	100.9572
94	100.6467
95	100.6435
96	100.3863
97	100.5223
98	100.2592
99	100.7935
100	100.8071
101	100.9015
102	100.6129
103	100.7052
104	100.8437
105	100.8684
106	100.9903
107	101.1118
108	101.0676
109	101.0521
110	101.0783
111	100.9903
112	101.1606
113	101.0899
114	100.8042
115	100.9301
116	100.8925
117	101.0485
118	100.9891
119	100.8379
120	101.0365
121	101.2132
122	101.3431
123	101.5261
124	101.4568
125	101.4261
126	101.7082
127	101.511
128	101.5597
129	101.587
130	101.6074
131	102.1601
132	102.3787
133	102.3752
134	101.9153
135	101.6254
136	111.6773
137	111.8213
138	112.2394
139	111.9837
140	111.8783
141	111.6992
142	111.5119
143	111.3662
144	111.2239
145	111.262
146	111.4172
147	111.2595
148	111.5693
149	111.7395
150	111.8949
151	111.8096
152	111.4922
153	111.8166
154	111.458
155	111.3535
156	110.8425
157	110.9536
158	111.0378
159	110.7827
160	110.6527
161	110.4596
162	110.9667
163	110.6825
164	110.9757
165	111.1846
166	111.2621
167	111.1811
168	111.159
169	110.6978
170	110.591
171	110.4844
172	110.538
173	110.177
174	109.9916
175	109.4624
176	109.5466
177	109.6351
178	109.4951
179	109.5426
180	109.7205
181	109.7023
182	110.0359
183	110.2008
184	110.4375
185	110.5451
186	110.4729
187	110.5669
188	110.3615
189	110.1431
190	110.1326
191	109.987
192	110.254
193	110.3762
194	110.3222
195	110.2748
196	110.2959
197	110.0808
198	110.2577
199	110.0756
200	110.1608
201	109.9429
202	110.0948
203	110.2319
204	110.358
205	110.5641
206	110.0648
207	109.9388
208	110.1069
209	110.0692
210	110.0327
211	110.0951
212	109.994
213	110.4305
214	110.3431
215	110.2594
216	110.1421
217	110.0398
218	109.8898
219	109.8405
220	109.4602
221	109.8967
222	109.609
223	109.5471
224	109.7688
225	109.9607
226	109.6391
227	109.6053
228	109.8048
229	110.1396
230	110.1036
231	109.8196
232	109.745
233	109.8607
234	110.1612
235	110.2822
236	110.6356
237	110.636
238	110.5705
239	110.5824
240	110.5067
241	110.9924
242	110.9207
243	110.5708
244	110.557
245	110.5645
246	109.9092
247	110.0052
248	109.8197
249	109.8899
250	109.6511
251	109.7424
252	109.9153
253	110.1731
254	110.2452
255	110.6305
256	111.0731
257	111.2286
258	111.2616
259	111.1087
260	110.9578
261	111.0428
262	111.2127
263	111.7063
264	111.7409
265	111.6834
266	111.5433
267	111.3351
268	111.8127
269	112.2105
270	112.3448
271	112.3023
272	112.2966
273	111.6927
274	111.6844
275	111.6996
276	111.7051
277	111.8797
278	112.1287
279	112.1175
280	111.5736
281	111.0967
282	110.7479
283	110.4957
284	110.3732
285	110.5422
286	110.7654
287	111.4956
288	111.7106
289	111.2766
290	111.2659
291	111.4015
292	111.7037
293	111.5522
294	111.4928
295	111.2588
296	111.0347
297	111.0434
298	110.6928
299	110.6455
300	110.7307
301	110.7826
302	111.9006
303	111.8621
304	111.7
305	111.1916
306	111.3187
307	111.2648
308	111.517
309	111.7551
310	111.3909
311	110.7152
312	110.9709
313	110.7952
314	111.1187
315	111.3208
316	111.2167
317	111.0985
318	111.2285
319	111.111
320	110.9298
321	110.6913
322	110.7898
323	110.6751
324	110.3868
325	109.8976
326	110.0032
327	110.1543
328	110.4602
329	110.795
330	110.6062
331	110.8815
332	111.29
333	111.3727
334	111.7688
335	111.9819
336	111.7766
337	112.0262
338	112.1127
339	112.1229
340	112.1926
341	112.2046
342	112.0262
343	112.7516
344	112.7542
345	112.8505
346	113.0652
347	112.9983
348	112.897
349	112.8819
350	112.7306
351	112.9509
352	113.0242
353	112.7627
354	112.7995
355	113.2063
356	113.4182
357	113.8088
358	113.7746
359	113.9
360	114.4867
361	114.5499
362	114.7302
363	114.0444
364	114.2692
365	113.7868
366	114.2538

XAGHKD average seasonal curve, 1990 to 2025

Index

Value

100

100.3636

100.3642

100.493

100.3735

100.4138

99.9909

99.2718

99.258

99.3325

99.2766

99.3911

99.3641

99.5263

99.3819

99.3093

99.1277

99.2535

99.3696

99.354

99.2888

99.5059

100.0716

100.0493

100.2367

100.2133

100.1756

100.5042

100.5447

99.0555

99.2821

99.2412

99.499

99.568

99.7157

98.1927

99.018

99.0072

99.0135

99.0973

98.8734

99.0863

98.7654

99.1693

98.9628

98.8514

98.9543

98.5851

98.8996

98.7196

98.9785

98.9415

99.0815

98.9309

98.9363

98.9882

99.0747

99.0526

99.2763

99.222

98.7435

98.3371

98.5578

98.4414

98.6921

98.5324

98.7431

99.0135

99.2413

99.1293

99.6801

99.5124

99.5437

99.2813

99.3258

99.5049

99.5208

99.5924

99.0917

99.5214

99.6005

100.0215

100.1384

100.2602

100.2111

100.392

100.4074

100.3571

100.3588

100.6553

101.0641

101.2525

100.9572

100.6467

100.6435

100.3863

100.5223

100.2592

100.7935

100

100.8071

101

100.9015

102

100.6129

103

100.7052

104

100.8437

105

100.8684

106

100.9903

107

101.1118

108

101.0676

109

101.0521

110

101.0783

111

100.9903

112

101.1606

113

101.0899

114

100.8042

115

100.9301

116

100.8925

117

101.0485

118

100.9891

119

100.8379

120

101.0365

121

101.2132

122

101.3431

123

101.5261

124

101.4568

125

101.4261

126

101.7082

127

101.511

128

101.5597

129

101.587

130

101.6074

131

102.1601

132

102.3787

133

102.3752

134

101.9153

135

101.6254

136

111.6773

137

111.8213

138

112.2394

139

111.9837

140

111.8783

141

111.6992

142

111.5119

143

111.3662

144

111.2239

145

111.262

146

111.4172

147

111.2595

148

111.5693

149

111.7395

150

111.8949

151

111.8096

152

111.4922

153

111.8166

154

111.458

155

111.3535

156

110.8425

157

110.9536

158

111.0378

159

110.7827

160

110.6527

161

110.4596

162

110.9667

163

110.6825

164

110.9757

165

111.1846

166

111.2621

167

111.1811

168

111.159

169

110.6978

170

110.591

171

110.4844

172

110.538

173

110.177

174

109.9916

175

109.4624

176

109.5466

177

109.6351

178

109.4951

179

109.5426

180

109.7205

181

109.7023

182

110.0359

183

110.2008

184

110.4375

185

110.5451

186

110.4729

187

110.5669

188

110.3615

189

110.1431

190

110.1326

191

109.987

192

110.254

193

110.3762

194

110.3222

195

110.2748

196

110.2959

197

110.0808

198

110.2577

199

110.0756

200

110.1608

201

109.9429

202

110.0948

203

110.2319

204

110.358

205

110.5641

206

110.0648

207

109.9388

208

110.1069

209

110.0692

210

110.0327

211

110.0951

212

109.994

213

110.4305

214

110.3431

215

110.2594

216

110.1421

217

110.0398

218

109.8898

219

109.8405

220

109.4602

221

109.8967

222

109.609

223

109.5471

224

109.7688

225

109.9607

226

109.6391

227

109.6053

228

109.8048

229

110.1396

230

110.1036

231

109.8196

232

109.745

233

109.8607

234

110.1612

235

110.2822

236

110.6356

237

110.636

238

110.5705

239

110.5824

240

110.5067

241

110.9924

242

110.9207

243

110.5708

244

110.557

245

110.5645

246

109.9092

247

110.0052

248

109.8197

249

109.8899

250

109.6511

251

109.7424

252

109.9153

253

110.1731

254

110.2452

255

110.6305

256

111.0731

257

111.2286

258

111.2616

259

111.1087

260

110.9578

261

111.0428

262

111.2127

263

111.7063

264

111.7409

265

111.6834

266

111.5433

267

111.3351

268

111.8127

269

112.2105

270

112.3448

271

112.3023

272

112.2966

273

111.6927

274

111.6844

275

111.6996

276

111.7051

277

111.8797

278

112.1287

279

112.1175

280

111.5736

281

111.0967

282

110.7479

283

110.4957

284

110.3732

285

110.5422

286

110.7654

287

111.4956

288

111.7106

289

111.2766

290

111.2659

291

111.4015

292

111.7037

293

111.5522

294

111.4928

295

111.2588

296

111.0347

297

111.0434

298

110.6928

299

110.6455

300

110.7307

301

110.7826

302

111.9006

303

111.8621

304

111.7

305

111.1916

306

111.3187

307

111.2648

308

111.517

309

111.7551

310

111.3909

311

110.7152

312

110.9709

313

110.7952

314

111.1187

315

111.3208

316

111.2167

317

111.0985

318

111.2285

319

111.111

320

110.9298

321

110.6913

322

110.7898

323

110.6751

324

110.3868

325

109.8976

326

110.0032

327

110.1543

328

110.4602

329

110.795

330

110.6062

331

110.8815

332

111.29

333

111.3727

334

111.7688

335

111.9819

336

111.7766

337

112.0262

338

112.1127

339

112.1229

340

112.1926

341

112.2046

342

112.0262

343

112.7516

344

112.7542

345

112.8505

346

113.0652

347

112.9983

348

112.897

349

112.8819

350

112.7306

351

112.9509

352

113.0242

353

112.7627

354

112.7995

355

113.2063

356

113.4182

357

113.8088

358

113.7746

359

113.9

360

114.4867

361

114.5499

362

114.7302

363

114.0444

364

114.2692

365

113.7868

366

114.2538