2023 HKD to BBD Historical Review

YEARLY HIGH

0.2568 BBD

YEARLY LOW

0.2548 BBD

YEARLY AVERAGE

0.2555 BBD

2023 HKD to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HKD to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 0.2568. Conversely, the yearly low was recorded on March 18, dropping to 0.2548.

This high-to-low spread represents a total annual volatility of 0.0020 BBD. From a start-to-finish perspective, comparing the January average rate of 0.2557 to the December average rate of 0.2561, 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 0.2568 was down 0.26% compared to the 2022 peak of 0.2574, 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 6,419 BBD

2022 Average 6,385 BBD

Yearly Trough Low 6,369 BBD

Transaction Impact: A difference of 49.72 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2563

0.2547

JanuMarcMayJulySeptNove

HKD to BBD 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 0.2551, compared to 0.2558 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) 0.2551

H2 Avg (Jul–Dec) 0.2558

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0017 BBD (High: 0.2566 / Low: 0.2549). On the other end, April was the most stable month, with a tight range of 0.0001 BBD (High: 0.2549 / Low: 0.2548).

August Spread (Volatile) ±0.0017

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 0.0009 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.2562) against the same month in 2022 (average: 0.2554), the exchange rate shifted by +0.0008 (+0.30%).

2023 Avg (November) 0.2562

2022 Avg (November) 0.2554

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2563	0.2551	0.2557
February	0.2553	0.2548	0.2549
March	0.2550	0.2548	0.2548
April	0.2549	0.2548	0.2548
May	0.2559	0.2548	0.2552
June	0.2558	0.2550	0.2554
July	0.2565	0.2552	0.2558
August	0.2566	0.2549	0.2555
September	0.2559	0.2550	0.2554
October	0.2558	0.2553	0.2556
November	0.2568	0.2556	0.2562
December	0.2565	0.2558	0.2561