2023 HKD to ANG Historical Review

YEARLY HIGH

0.2322 ANG

YEARLY LOW

0.2264 ANG

YEARLY AVERAGE

0.2301 ANG

2023 HKD to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HKD to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.2322. Conversely, the yearly low was recorded on March 18, dropping to 0.2264.

This high-to-low spread represents a total annual volatility of 0.0058 ANG. From a start-to-finish perspective, comparing the January average rate of 0.2305 to the December average rate of 0.2310, the exchange rate registered a net change of 0.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2322 was down 0.07% compared to the 2022 peak of 0.2324, 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 5,805 ANG

2022 Average 5,754 ANG

Yearly Trough Low 5,659 ANG

Transaction Impact: A difference of 146.18 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2312

0.2291

JanuMarcMayJulySeptNove

HKD to ANG 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 0.2298, compared to 0.2304 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.2298

H2 Avg (Jul–Dec) 0.2304

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0036 ANG (High: 0.2299 / Low: 0.2264). On the other end, September was the most stable month, with a tight range of 0.0011 ANG (High: 0.2307 / Low: 0.2296).

March Spread (Volatile) ±0.0036

September Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0008 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.2310) against the same month in 2022 (average: 0.2314), the exchange rate shifted by -0.0004 (-0.18%).

2023 Avg (December) 0.2310

2022 Avg (December) 0.2314

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2310	0.2297	0.2305
February	0.2318	0.2284	0.2297
March	0.2299	0.2264	0.2293
April	0.2299	0.2266	0.2294
May	0.2306	0.2289	0.2299
June	0.2308	0.2287	0.2301
July	0.2313	0.2281	0.2303
August	0.2314	0.2292	0.2303
September	0.2307	0.2296	0.2301
October	0.2306	0.2291	0.2302
November	0.2314	0.2285	0.2306
December	0.2322	0.2305	0.2310