YEARLY HIGH
0.8748 TTD
YEARLY LOW
0.8524 TTD
YEARLY AVERAGE
0.8666 TTD

2023 HKD to TTD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HKD to TTD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.8748. Conversely, the yearly low was recorded on March 18, dropping to 0.8524.

This high-to-low spread represents a total annual volatility of 0.0224 TTD. From a start-to-finish perspective, comparing the January average rate of 0.8683 to the December average rate of 0.8705, the exchange rate registered a net change of 0.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8748 was down 0.05% compared to the 2022 peak of 0.8752, 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 21,870 TTD
2022 Average 21,674 TTD
Yearly Trough Low 21,311 TTD
Transaction Impact: A difference of 559.05 TTD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8712
0.8630
JanuMarcMayJulySeptNove

HKD to TTD 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 0.8655, compared to 0.8677 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.8655
H2 Avg (Jul–Dec) 0.8677

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0148 TTD (High: 0.8672 / Low: 0.8524). On the other end, January was the most stable month, with a tight range of 0.0056 TTD (High: 0.8710 / Low: 0.8654).

March Spread (Volatile) ±0.0148
January Spread (Stable) ±0.0056

Growth Streaks & Declines

Trends

Between 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 0.0028 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.8705) against the same month in 2022 (average: 0.8716), the exchange rate shifted by -0.0010 (-0.12%).

2023 Avg (December) 0.8705
2022 Avg (December) 0.8716

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8710 0.8654 0.8683
February 0.8730 0.8601 0.8654
March 0.8672 0.8524 0.8637
April 0.8660 0.8543 0.8639
May 0.8683 0.8605 0.8658
June 0.8687 0.8627 0.8661
July 0.8713 0.8591 0.8673
August 0.8717 0.8624 0.8670
September 0.8687 0.8629 0.8661
October 0.8696 0.8612 0.8668
November 0.8717 0.8598 0.8687
December 0.8748 0.8666 0.8705