2023 HKD to AZN Historical Review

YEARLY HIGH

0.2184 AZN

YEARLY LOW

0.2166 AZN

YEARLY AVERAGE

0.2171 AZN

2023 HKD to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HKD to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 11, valuing the pair at 0.2184. Conversely, the yearly low was recorded on March 18, dropping to 0.2166.

This high-to-low spread represents a total annual volatility of 0.0018 AZN. From a start-to-finish perspective, comparing the January average rate of 0.2174 to the December average rate of 0.2177, the exchange rate registered a net change of 0.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2184 was down 0.19% compared to the 2022 peak of 0.2188, 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 5,460 AZN

2022 Average 5,427 AZN

Yearly Trough Low 5,414 AZN

Transaction Impact: A difference of 45.64 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2179

0.2165

JanuMarcMayJulySeptNove

HKD to AZN 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 0.2169, compared to 0.2174 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) 0.2169

H2 Avg (Jul–Dec) 0.2174

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0015 AZN (High: 0.2181 / Low: 0.2166). On the other end, April was the most stable month, with a tight range of 0.0001 AZN (High: 0.2166 / Low: 0.2166).

August Spread (Volatile) ±0.0015

April Spread (Stable) ±0.0001

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 0.0007 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.2178) against the same month in 2022 (average: 0.2171), the exchange rate shifted by +0.0007 (+0.32%).

2023 Avg (November) 0.2178

2022 Avg (November) 0.2171

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2179	0.2168	0.2174
February	0.2170	0.2166	0.2166
March	0.2172	0.2166	0.2166
April	0.2166	0.2166	0.2166
May	0.2175	0.2166	0.2169
June	0.2176	0.2167	0.2171
July	0.2180	0.2169	0.2175
August	0.2181	0.2166	0.2172
September	0.2175	0.2167	0.2171
October	0.2175	0.2170	0.2172
November	0.2184	0.2172	0.2178
December	0.2181	0.2174	0.2177