2023 HKD to LSL Historical Review

YEARLY HIGH

2.5250 LSL

YEARLY LOW

2.1506 LSL

YEARLY AVERAGE

2.3576 LSL

2023 HKD to LSL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HKD to LSL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 2.5250. Conversely, the yearly low was recorded on January 13, dropping to 2.1506.

This high-to-low spread represents a total annual volatility of 0.3745 LSL. From a start-to-finish perspective, comparing the January average rate of 2.1872 to the December average rate of 2.3907, the exchange rate registered a net change of 9.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.5250 was up 7.79% compared to the 2022 peak of 2.3426, 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 63,126 LSL

2022 Average 52,236 LSL

Yearly Trough Low 53,764 LSL

Transaction Impact: A difference of 9,361.74 LSL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.4601

2.1624

JanuMarcMayJulySeptNove

HKD to LSL 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 2.3212, compared to 2.3939 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0727 points.

H1 Avg (Jan–Jun) 2.3212

H2 Avg (Jul–Dec) 2.3939

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.2011 LSL (High: 2.5250 / Low: 2.3239). On the other end, September was the most stable month, with a tight range of 0.0659 LSL (High: 2.4535 / Low: 2.3876).

June Spread (Volatile) ±0.2011

September Spread (Stable) ±0.0659

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 June and July, when the average rate fell by 0.0597 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0597

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 2.3910) against the same month in 2022 (average: 2.0115), the exchange rate shifted by +0.3795 (+18.87%).

2023 Avg (June) 2.3910

2022 Avg (June) 2.0115

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2239	2.1506	2.1872
February	2.3483	2.1786	2.2818
March	2.3723	2.2712	2.3272
April	2.3474	2.2617	2.3105
May	2.5215	2.3295	2.4295
June	2.5250	2.3239	2.3910
July	2.4226	2.2528	2.3313
August	2.4904	2.3115	2.4022
September	2.4535	2.3876	2.4214
October	2.4820	2.4015	2.4353
November	2.5099	2.3273	2.3827
December	2.4471	2.3402	2.3907