2023 HKD to RUB Historical Review

YEARLY HIGH

12.8961 RUB

YEARLY LOW

8.4499 RUB

YEARLY AVERAGE

10.9140 RUB

2023 HKD to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HKD to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on October 8, valuing the pair at 12.8961. Conversely, the yearly low was recorded on January 15, dropping to 8.4499.

This high-to-low spread represents a total annual volatility of 4.4463 RUB. From a start-to-finish perspective, comparing the January average rate of 8.9472 to the December average rate of 11.6601, the exchange rate registered a net change of 30.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 12.8961 was down 29.33% compared to the 2022 peak of 18.2477, 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 322,403 RUB

2022 Average 223,154 RUB

Yearly Trough Low 211,247 RUB

Transaction Impact: A difference of 111,156.40 RUB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12.7484

8.6016

JanuMarcMayJulySeptNove

HKD to RUB 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 9.8521, compared to 11.9759 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.1238 points.

H1 Avg (Jan–Jun) 9.8521

H2 Avg (Jul–Dec) 11.9759

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 1.0277 RUB (High: 11.3347 / Low: 10.3070). On the other end, March was the most stable month, with a tight range of 0.3123 RUB (High: 9.8760 / Low: 9.5637).

June Spread (Volatile) ±1.0277

March Spread (Stable) ±0.3123

Growth Streaks & Declines

Trends

Between May and October, 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 October and November, when the average rate fell by 0.7998 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.7998

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 12.4029) against the same month in 2022 (average: 7.8819), the exchange rate shifted by +4.5210 (+57.36%).

2023 Avg (October) 12.4029

2022 Avg (October) 7.8819

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.4456	8.4499	8.9472
February	9.6860	8.9205	9.3698
March	9.8760	9.5637	9.7273
April	10.4538	9.8760	10.3189
May	10.3814	9.7164	10.1007
June	11.3347	10.3070	10.6489
July	11.8079	11.2219	11.5908
August	12.7909	11.8563	12.2447
September	12.5711	12.1122	12.3538
October	12.8961	11.8849	12.4029
November	11.9204	11.3196	11.6031
December	11.8947	11.3256	11.6601