2023 HKD to AED Historical Review

YEARLY HIGH

0.4715 AED

YEARLY LOW

0.4678 AED

YEARLY AVERAGE

0.4691 AED

2023 HKD to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HKD to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 0.4715. Conversely, the yearly low was recorded on April 30, dropping to 0.4678.

This high-to-low spread represents a total annual volatility of 0.0037 AED. From a start-to-finish perspective, comparing the January average rate of 0.4697 to the December average rate of 0.4703, the exchange rate registered a net change of 0.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4715 was down 0.26% compared to the 2022 peak of 0.4728, 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 11,788 AED

2022 Average 11,726 AED

Yearly Trough Low 11,694 AED

Transaction Impact: A difference of 93.29 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4707

0.4676

JanuMarcMayJulySeptNove

HKD to AED 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 0.4685, compared to 0.4697 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.4685

H2 Avg (Jul–Dec) 0.4697

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0032 AED (High: 0.4713 / Low: 0.4681). On the other end, April was the most stable month, with a tight range of 0.0002 AED (High: 0.4680 / Low: 0.4678).

August Spread (Volatile) ±0.0032

April Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between April and July, 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 January and February, when the average rate fell by 0.0016 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.4705) against the same month in 2022 (average: 0.4691), the exchange rate shifted by +0.0014 (+0.29%).

2023 Avg (November) 0.4705

2022 Avg (November) 0.4691

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4707	0.4685	0.4697
February	0.4688	0.4679	0.4681
March	0.4683	0.4678	0.4679
April	0.4680	0.4678	0.4679
May	0.4698	0.4678	0.4686
June	0.4698	0.4683	0.4690
July	0.4711	0.4687	0.4698
August	0.4713	0.4681	0.4693
September	0.4699	0.4683	0.4691
October	0.4698	0.4689	0.4694
November	0.4715	0.4694	0.4705
December	0.4711	0.4697	0.4703