2023 ALL to HKD Historical Review

YEARLY HIGH

0.0871 HKD

YEARLY LOW

0.0700 HKD

YEARLY AVERAGE

0.0780 HKD

2023 ALL to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ALL to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 0.0871. Conversely, the yearly low was recorded on January 8, dropping to 0.0700.

This high-to-low spread represents a total annual volatility of 0.0171 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0725 to the December average rate of 0.0829, the exchange rate registered a net change of 14.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0871 was up 18.50% compared to the 2022 peak of 0.0735, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 436 HKD

2022 Average 347 HKD

Yearly Trough Low 350 HKD

Transaction Impact: A difference of 85.40 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0848

0.0713

JanuMarcMayJulySeptNove

ALL 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 0.0751, compared to 0.0809 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0057 points.

H1 Avg (Jan–Jun) 0.0751

H2 Avg (Jul–Dec) 0.0809

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0073 HKD (High: 0.0839 / Low: 0.0766). On the other end, September was the most stable month, with a tight range of 0.0015 HKD (High: 0.0788 / Low: 0.0773).

August Spread (Volatile) ±0.0073

September Spread (Stable) ±0.0015

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 July and August, when the average rate fell by 0.0028 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0837) against the same month in 2022 (average: 0.0681), the exchange rate shifted by +0.0155 (+22.79%).

2023 Avg (July) 0.0837

2022 Avg (July) 0.0681

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0733	0.0700	0.0725
February	0.0738	0.0721	0.0726
March	0.0753	0.0722	0.0734
April	0.0784	0.0752	0.0766
May	0.0779	0.0747	0.0766
June	0.0804	0.0767	0.0791
July	0.0871	0.0801	0.0837
August	0.0839	0.0766	0.0808
September	0.0788	0.0773	0.0782
October	0.0789	0.0773	0.0782
November	0.0838	0.0782	0.0813
December	0.0841	0.0819	0.0829