2023 HKD to EUR Historical Review

YEARLY HIGH

0.1219 EUR

YEARLY LOW

0.1136 EUR

YEARLY AVERAGE

0.1180 EUR

2023 HKD to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HKD to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.1219. Conversely, the yearly low was recorded on May 6, dropping to 0.1136.

This high-to-low spread represents a total annual volatility of 0.0083 EUR. From a start-to-finish perspective, comparing the January average rate of 0.1185 to the December average rate of 0.1172, the exchange rate registered a net change of -1.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1219 was down 8.14% compared to the 2022 peak of 0.1328, 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 3,049 EUR

2022 Average 3,036 EUR

Yearly Trough Low 2,841 EUR

Transaction Impact: A difference of 207.82 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1215

0.1152

JanuMarcMayJulySeptNove

HKD to EUR 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 0.1179, compared to 0.1182 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.1179

H2 Avg (Jul–Dec) 0.1182

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0058 EUR (High: 0.1194 / Low: 0.1136). On the other end, August was the most stable month, with a tight range of 0.0020 EUR (High: 0.1181 / Low: 0.1161).

May Spread (Volatile) ±0.0058

August Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 0.0030 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1210) against the same month in 2022 (average: 0.1295), the exchange rate shifted by -0.0086 (-6.62%).

2023 Avg (October) 0.1210

2022 Avg (October) 0.1295

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1217	0.1170	0.1185
February	0.1207	0.1158	0.1191
March	0.1208	0.1168	0.1189
April	0.1179	0.1145	0.1159
May	0.1194	0.1136	0.1173
June	0.1193	0.1162	0.1177
July	0.1178	0.1138	0.1157
August	0.1181	0.1161	0.1171
September	0.1217	0.1182	0.1196
October	0.1219	0.1198	0.1210
November	0.1208	0.1166	0.1184
December	0.1190	0.1153	0.1172