2023 HKD to AUD Historical Review

YEARLY HIGH

0.2033 AUD

YEARLY LOW

0.1785 AUD

YEARLY AVERAGE

0.1923 AUD

2023 HKD to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HKD to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 14, valuing the pair at 0.2033. Conversely, the yearly low was recorded on February 1, dropping to 0.1785.

This high-to-low spread represents a total annual volatility of 0.0248 AUD. From a start-to-finish perspective, comparing the January average rate of 0.1838 to the December average rate of 0.1910, the exchange rate registered a net change of 3.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2033 was down 1.08% compared to the 2022 peak of 0.2055, 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 5,082 AUD

2022 Average 4,604 AUD

Yearly Trough Low 4,462 AUD

Transaction Impact: A difference of 620.02 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2031

0.1820

JanuMarcMayJulySeptNove

HKD to AUD 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 0.1887, compared to 0.1959 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0072 points.

H1 Avg (Jan–Jun) 0.1887

H2 Avg (Jul–Dec) 0.1959

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0117 AUD (High: 0.1903 / Low: 0.1786). On the other end, September was the most stable month, with a tight range of 0.0041 AUD (High: 0.2014 / Low: 0.1973).

January Spread (Volatile) ±0.0117

September Spread (Stable) ±0.0041

Growth Streaks & Declines

Trends

Between June and October, 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 November and December, when the average rate fell by 0.0060 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.2013) against the same month in 2022 (average: 0.2003), the exchange rate shifted by +0.0010 (+0.52%).

2023 Avg (October) 0.2013

2022 Avg (October) 0.2003

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1903	0.1786	0.1838
February	0.1894	0.1785	0.1851
March	0.1937	0.1882	0.1907
April	0.1928	0.1878	0.1906
May	0.1964	0.1879	0.1922
June	0.1941	0.1858	0.1900
July	0.1929	0.1856	0.1901
August	0.2002	0.1939	0.1972
September	0.2014	0.1973	0.1989
October	0.2033	0.1984	0.2013
November	0.2013	0.1927	0.1971
December	0.1954	0.1868	0.1910