2023 HKD to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 HKD to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the HKD to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 957.0707. Conversely, the yearly low was recorded on March 18, dropping to 905.7383.
This high-to-low spread represents a total annual volatility of 51.3324 PYG. From a start-to-finish perspective, comparing the January average rate of 943.2309 to the December average rate of 942.2414, the exchange rate registered a net change of -0.10% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2023 high of 957.0707 was up 1.52% compared to the 2022 peak of 942.7219, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 HKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
HKD to PYG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 924.3520, compared to 937.3610 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.0091 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was October, with a trading range of 25.4192 PYG (High: 954.8625 / Low: 929.4433). On the other end, September was the most stable month, with a tight range of 8.7722 PYG (High: 933.9503 / Low: 925.1781).
Growth Streaks & Declines
TrendsBetween April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 14.6959 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2023: 952.6290) against the same month in 2022 (average: 916.8627), the exchange rate shifted by +35.7663 (+3.90%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 950.4442 | 933.8339 | 943.2309 |
| February | 940.0356 | 924.3503 | 930.5030 |
| March | 930.6932 | 905.7383 | 915.8071 |
| April | 925.9792 | 906.1763 | 912.0005 |
| May | 925.1936 | 911.0829 | 918.8974 |
| June | 930.5354 | 918.8299 | 925.6729 |
| July | 933.7520 | 921.1128 | 929.0313 |
| August | 933.6828 | 924.5976 | 929.1662 |
| September | 933.9503 | 925.1781 | 929.1267 |
| October | 954.8625 | 929.4433 | 941.9718 |
| November | 957.0707 | 947.6833 | 952.6290 |
| December | 952.7581 | 932.7543 | 942.2414 |