2023 DJF to HKD Historical Review

YEARLY HIGH

0.0447 HKD

YEARLY LOW

0.0436 HKD

YEARLY AVERAGE

0.0440 HKD

2023 DJF to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DJF to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0447. Conversely, the yearly low was recorded on December 16, dropping to 0.0436.

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 0.0440 to the December average rate of 0.0439, the exchange rate registered a net change of -0.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0447 was up 0.22% compared to the 2022 peak of 0.0446, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 224 HKD

2022 Average 220 HKD

Yearly Trough Low 218 HKD

Transaction Impact: A difference of 5.50 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0442

0.0438

JanuMarcMayJulySeptNove

DJF 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 0.0441, compared to 0.0440 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0441

H2 Avg (Jul–Dec) 0.0440

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0008 HKD (High: 0.0445 / Low: 0.0437). On the other end, January was the most stable month, with a tight range of 0.0002 HKD (High: 0.0441 / Low: 0.0439).

February Spread (Volatile) ±0.0008

January Spread (Stable) ±0.0002

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 April and May, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0442) against the same month in 2022 (average: 0.0439), the exchange rate shifted by +0.0003 (+0.58%).

2023 Avg (March) 0.0442

2022 Avg (March) 0.0439

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0441	0.0439	0.0440
February	0.0445	0.0437	0.0441
March	0.0447	0.0441	0.0442
April	0.0447	0.0441	0.0442
May	0.0442	0.0439	0.0441
June	0.0443	0.0438	0.0440
July	0.0443	0.0438	0.0440
August	0.0442	0.0436	0.0440
September	0.0441	0.0437	0.0440
October	0.0442	0.0438	0.0440
November	0.0443	0.0437	0.0439
December	0.0440	0.0436	0.0439