YEARLY HIGH
0.6270 LYD
YEARLY LOW
0.5995 LYD
YEARLY AVERAGE
0.6143 LYD

2023 HKD to LYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HKD to LYD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 27, valuing the pair at 0.6270. Conversely, the yearly low was recorded on April 16, dropping to 0.5995.

This high-to-low spread represents a total annual volatility of 0.0276 LYD. From a start-to-finish perspective, comparing the January average rate of 0.6114 to the December average rate of 0.6156, the exchange rate registered a net change of 0.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6270 was down 2.85% compared to the 2022 peak of 0.6454, 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 15,676 LYD
2022 Average 15,341 LYD
Yearly Trough Low 14,987 LYD
Transaction Impact: A difference of 688.82 LYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6269
0.6047
JanuMarcMayJulySeptNove

HKD to LYD 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 0.6110, compared to 0.6176 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0066 points.

H1 Avg (Jan–Jun) 0.6110
H2 Avg (Jul–Dec) 0.6176

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0148 LYD (High: 0.6176 / Low: 0.6029). On the other end, October was the most stable month, with a tight range of 0.0040 LYD (High: 0.6270 / Low: 0.6231).

February Spread (Volatile) ±0.0148
October Spread (Stable) ±0.0040

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 0.0057 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0057

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.6250) against the same month in 2022 (average: 0.6392), the exchange rate shifted by -0.0142 (-2.22%).

2023 Avg (October) 0.6250
2022 Avg (October) 0.6392

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6187 0.6063 0.6114
February 0.6176 0.6029 0.6110
March 0.6185 0.6057 0.6122
April 0.6094 0.5995 0.6066
May 0.6166 0.6044 0.6102
June 0.6185 0.6088 0.6147
July 0.6158 0.6054 0.6101
August 0.6165 0.6102 0.6144
September 0.6255 0.6139 0.6196
October 0.6270 0.6231 0.6250
November 0.6255 0.6139 0.6207
December 0.6200 0.6100 0.6156