2023 HKD to KZT Historical Review

YEARLY HIGH

61.3643 KZT

YEARLY LOW

54.9346 KZT

YEARLY AVERAGE

58.3000 KZT

2023 HKD to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HKD to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 61.3643. Conversely, the yearly low was recorded on March 5, dropping to 54.9346.

This high-to-low spread represents a total annual volatility of 6.4297 KZT. From a start-to-finish perspective, comparing the January average rate of 59.1501 to the December average rate of 58.7954, the exchange rate registered a net change of -0.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 61.3643 was down 8.36% compared to the 2022 peak of 66.9593, 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 1,534,108 KZT

2022 Average 1,473,930 KZT

Yearly Trough Low 1,373,366 KZT

Transaction Impact: A difference of 160,742.01 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

61.2783

56.5273

JanuMarcMayJulySeptNove

HKD to KZT 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 57.6517, compared to 58.9482 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2965 points.

H1 Avg (Jan–Jun) 57.6517

H2 Avg (Jul–Dec) 58.9482

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 4.3148 KZT (High: 59.2494 / Low: 54.9346). On the other end, December was the most stable month, with a tight range of 0.7597 KZT (High: 59.1566 / Low: 58.3969).

March Spread (Volatile) ±4.3148

December Spread (Stable) ±0.7597

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 January and February, when the average rate fell by 1.6130 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.6130

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 59.8467) against the same month in 2022 (average: 60.5309), the exchange rate shifted by -0.6842 (-1.13%).

2023 Avg (September) 59.8467

2022 Avg (September) 60.5309

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	59.5936	58.6661	59.1501
February	58.9187	56.6709	57.5371
March	59.2494	54.9346	57.4926
April	58.3199	56.4228	57.5309
May	57.5256	56.4124	56.9233
June	57.9697	56.6641	57.2765
July	57.6210	56.5041	56.9362
August	59.3160	56.6576	57.8994
September	61.3643	58.3376	59.8467
October	61.3252	59.9271	60.8824
November	60.0632	58.6576	59.3293
December	59.1566	58.3969	58.7954