2023 HKD to PHP Historical Review

YEARLY HIGH

7.3216 PHP

YEARLY LOW

6.8391 PHP

YEARLY AVERAGE

7.1035 PHP

2023 HKD to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HKD to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 7.3216. Conversely, the yearly low was recorded on February 5, dropping to 6.8391.

This high-to-low spread represents a total annual volatility of 0.4825 PHP. From a start-to-finish perspective, comparing the January average rate of 7.0247 to the December average rate of 7.1093, the exchange rate registered a net change of 1.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 7.3216 was down 2.96% compared to the 2022 peak of 7.5453, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 183,040 PHP

2022 Average 174,008 PHP

Yearly Trough Low 170,977 PHP

Transaction Impact: A difference of 12,063.50 PHP purely based on transaction execution date.

প্রবণতার চিত্রায়ন

2023 সাল জুড়ে মাসিক গড় ওঠানামা।

7.2842

6.9448

JanuMarcMayJulySeptNove

HKD to PHP 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 7.0448, compared to 7.1622 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1174 points.

H1 Avg (Jan–Jun) 7.0448

H2 Avg (Jul–Dec) 7.1622

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.2596 PHP (High: 7.1740 / Low: 6.9144). On the other end, October was the most stable month, with a tight range of 0.0572 PHP (High: 7.2938 / Low: 7.2366).

April Spread (Volatile) ±0.2596

October Spread (Stable) ±0.0572

Growth Streaks & Declines

Trends

Between March and June, 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 October and November, when the average rate fell by 0.1187 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1187

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 7.2530) against the same month in 2022 (average: 7.3451), the exchange rate shifted by -0.0921 (-1.25%).

2023 Avg (September) 7.2530

2022 Avg (September) 7.3451

মাসিক বিশ্লেষণ

প্রতিটি ক্যালেন্ডার মাসের পরিসংখ্যানগত সারসংক্ষেপ।

Month	High	Low	Average
January	7.1613	6.9468	7.0247
February	7.0781	6.8391	6.9905
March	7.0730	6.8906	6.9730
April	7.1740	6.9144	7.0391
May	7.1962	7.0504	7.1161
June	7.1743	7.0418	7.1255
July	7.1177	6.9540	7.0236
August	7.2731	7.0439	7.1940
September	7.3216	7.2273	7.2530
October	7.2938	7.2366	7.2559
November	7.2457	7.0816	7.1372
December	7.1551	7.0706	7.1093

2023 HKD থেকে PHP-এর ঐতিহাসিক পর্যালোচনা