2023 HKD to SOS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 HKD to SOS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the HKD to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 73.6026. Conversely, the yearly low was recorded on March 18, dropping to 71.4071.
This high-to-low spread represents a total annual volatility of 2.1955 SOS. From a start-to-finish perspective, comparing the January average rate of 72.7218 to the December average rate of 73.2106, the exchange rate registered a net change of 0.67% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 73.6026 was down 2.05% compared to the 2022 peak of 75.1455, 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 SOS 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 72.5147, compared to 72.9234 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4087 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was February, with a trading range of 1.3112 SOS (High: 73.1231 / Low: 71.8119). On the other end, October was the most stable month, with a tight range of 0.4946 SOS (High: 73.1358 / Low: 72.6412).
Growth Streaks & Declines
TrendsBetween March and July, 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 0.2528 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 73.2106) against the same month in 2022 (average: 73.0315), the exchange rate shifted by +0.1790 (+0.25%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 72.9432 | 72.4474 | 72.7218 |
| February | 73.1231 | 71.8119 | 72.4690 |
| March | 72.5015 | 71.4071 | 72.3662 |
| April | 72.5295 | 71.8471 | 72.3720 |
| May | 72.7275 | 72.2186 | 72.5501 |
| June | 72.8019 | 72.1522 | 72.6090 |
| July | 73.0309 | 72.1810 | 72.7542 |
| August | 73.1250 | 72.3732 | 72.7270 |
| September | 73.1318 | 72.6061 | 72.8112 |
| October | 73.1358 | 72.6412 | 72.9542 |
| November | 73.3504 | 72.4342 | 73.0834 |
| December | 73.6026 | 73.0902 | 73.2106 |