2023 HKD to USD Historical Review

YEARLY HIGH

0.1284 USD

YEARLY LOW

0.1274 USD

YEARLY AVERAGE

0.1277 USD

2023 HKD to USD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HKD to USD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 0.1284. Conversely, the yearly low was recorded on March 18, dropping to 0.1274.

This high-to-low spread represents a total annual volatility of 0.0010 USD. From a start-to-finish perspective, comparing the January average rate of 0.1279 to the December average rate of 0.1280, the exchange rate registered a net change of 0.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1284 was down 0.26% compared to the 2022 peak of 0.1287, 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 3,210 USD

2022 Average 3,193 USD

Yearly Trough Low 3,185 USD

Transaction Impact: A difference of 24.86 USD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1282

0.1273

JanuMarcMayJulySeptNove

HKD to USD 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 0.1276, compared to 0.1279 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.1276

H2 Avg (Jul–Dec) 0.1279

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0009 USD (High: 0.1283 / Low: 0.1274). On the other end, April was the most stable month, with a tight range of 0.0000 USD (High: 0.1274 / Low: 0.1274).

August Spread (Volatile) ±0.0009

April Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.1281) against the same month in 2022 (average: 0.1277), the exchange rate shifted by +0.0004 (+0.30%).

2023 Avg (November) 0.1281

2022 Avg (November) 0.1277

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1282	0.1276	0.1279
February	0.1276	0.1274	0.1274
March	0.1275	0.1274	0.1274
April	0.1274	0.1274	0.1274
May	0.1279	0.1274	0.1276
June	0.1279	0.1275	0.1277
July	0.1283	0.1276	0.1279
August	0.1283	0.1274	0.1278
September	0.1279	0.1275	0.1277
October	0.1279	0.1277	0.1278
November	0.1284	0.1278	0.1281
December	0.1283	0.1279	0.1280