2023 HKD to SLL Historical Review

YEARLY HIGH

2692.1077 SLL

YEARLY LOW

2250.3041 SLL

YEARLY AVERAGE

2436.9403 SLL

2023 HKD to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HKD to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 2692.1077. Conversely, the yearly low was recorded on March 18, dropping to 2250.3041.

This high-to-low spread represents a total annual volatility of 441.8036 SLL. From a start-to-finish perspective, comparing the January average rate of 2258.8915 to the December average rate of 2685.1167, the exchange rate registered a net change of 18.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2692.1077 was up 18.40% compared to the 2022 peak of 2273.7072, 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 67,302,693 SLL

2022 Average 43,825,629 SLL

Yearly Trough Low 56,257,603 SLL

Transaction Impact: A difference of 11,045,089.36 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2729.7000

2206.9015

JanuMarcMayJulySeptNove

HKD to SLL 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 2253.4381, compared to 2620.4424 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 367.0043 points.

H1 Avg (Jan–Jun) 2253.4381

H2 Avg (Jul–Dec) 2620.4424

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 435.5398 SLL (High: 2689.4905 / Low: 2253.9506). On the other end, April was the most stable month, with a tight range of 0.8526 SLL (High: 2251.1854 / Low: 2250.3328).

July Spread (Volatile) ±435.5398

April Spread (Stable) ±0.8526

Growth Streaks & Declines

Trends

Between 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 January and February, when the average rate fell by 7.6989 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -7.6989

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 2686.1335) against the same month in 2022 (average: 2251.4516), the exchange rate shifted by +434.6819 (+19.31%).

2023 Avg (November) 2686.1335

2022 Avg (November) 2251.4516

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2263.9860	2253.2031	2258.8915
February	2254.8598	2250.3328	2251.1926
March	2252.4260	2250.3041	2250.6299
April	2251.1854	2250.3328	2250.4680
May	2260.0352	2250.3328	2254.0502
June	2259.6883	2252.2344	2255.3964
July	2689.4905	2253.9506	2314.3693
August	2690.4042	2672.3122	2679.2667
September	2682.6487	2673.3001	2678.0530
October	2682.2959	2677.1910	2679.7155
November	2692.1077	2679.6200	2686.1335
December	2689.8248	2681.8794	2685.1167