2023 CDF to HKD Historical Review

YEARLY HIGH

0.0039 HKD

YEARLY LOW

0.0028 HKD

YEARLY AVERAGE

0.0034 HKD

2023 CDF to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CDF to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.0039. Conversely, the yearly low was recorded on December 19, dropping to 0.0028.

This high-to-low spread represents a total annual volatility of 0.0011 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0038 to the December average rate of 0.0029, the exchange rate registered a net change of -24.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0039 was down 2.09% compared to the 2022 peak of 0.0039, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 19 HKD

2022 Average 19 HKD

Yearly Trough Low 14 HKD

Transaction Impact: A difference of 5.32 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0039

0.0028

JanuMarcMayJulySeptNove

CDF 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 0.0037, compared to 0.0031 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0037

H2 Avg (Jul–Dec) 0.0031

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0005 HKD (High: 0.0038 / Low: 0.0034). On the other end, September was the most stable month, with a tight range of 0.0000 HKD (High: 0.0032 / Low: 0.0031).

May Spread (Volatile) ±0.0005

September Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0003 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0038) against the same month in 2022 (average: 0.0039), the exchange rate shifted by -0.0001 (-1.76%).

2023 Avg (January) 0.0038

2022 Avg (January) 0.0039

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0039	0.0038	0.0038
February	0.0038	0.0038	0.0038
March	0.0038	0.0038	0.0038
April	0.0038	0.0036	0.0038
May	0.0038	0.0034	0.0036
June	0.0034	0.0033	0.0033
July	0.0033	0.0031	0.0032
August	0.0032	0.0031	0.0032
September	0.0032	0.0031	0.0032
October	0.0032	0.0030	0.0031
November	0.0032	0.0029	0.0031
December	0.0029	0.0028	0.0029