2023 HKD to LBP Historical Review

YEARLY HIGH

1962.8420 LBP

YEARLY LOW

192.2404 LBP

YEARLY AVERAGE

1754.2525 LBP

2023 HKD to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HKD to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 1962.8420. Conversely, the yearly low was recorded on February 3, dropping to 192.2404.

This high-to-low spread represents a total annual volatility of 1770.6016 LBP. From a start-to-finish perspective, comparing the January average rate of 193.8427 to the December average rate of 1927.1755, the exchange rate registered a net change of 894.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1962.8420 was up 887.20% compared to the 2022 peak of 198.8297, 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 49,071,051 LBP

2022 Average 4,838,816 LBP

Yearly Trough Low 4,806,011 LBP

Transaction Impact: A difference of 44,265,039.91 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2104.4621

20.1501

JanuMarcMayJulySeptNove

HKD to LBP 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 1584.7482, compared to 1923.7567 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 339.0086 points.

H1 Avg (Jan–Jun) 1584.7482

H2 Avg (Jul–Dec) 1923.7567

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1770.6016 LBP (High: 1962.8420 / Low: 192.2404). On the other end, January was the most stable month, with a tight range of 2.6963 LBP (High: 195.3709 / Low: 192.6746).

February Spread (Volatile) ±1770.6016

January Spread (Stable) ±2.6963

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 3.5625 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -3.5625

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 1615.1666) against the same month in 2022 (average: 194.1376), the exchange rate shifted by +1421.0290 (+731.97%).

2023 Avg (February) 1615.1666

2022 Avg (February) 194.1376

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	195.3709	192.6746	193.8427
February	1962.8420	192.2404	1615.1666
March	1943.0170	1885.3198	1920.6663
April	1943.6925	1896.0951	1923.1598
May	1945.9294	1906.7131	1924.8841
June	1949.8785	1913.7651	1930.7694
July	1953.6487	1902.8773	1927.2069
August	1954.6633	1912.4626	1924.1150
September	1939.5076	1916.2174	1922.4961
October	1929.2783	1910.5523	1919.4468
November	1929.9374	1904.8697	1922.1002
December	1935.4782	1924.1933	1927.1755