2023 HKD to XDR Historical Review

YEARLY HIGH

0.0977 XDR

YEARLY LOW

0.0930 XDR

YEARLY AVERAGE

0.0957 XDR

2023 HKD to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HKD to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 0.0977. Conversely, the yearly low was recorded on April 30, dropping to 0.0930.

This high-to-low spread represents a total annual volatility of 0.0046 XDR. From a start-to-finish perspective, comparing the January average rate of 0.0952 to the December average rate of 0.0960, the exchange rate registered a net change of 0.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0977 was down 2.88% compared to the 2022 peak of 0.1006, 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 2,442 XDR

2022 Average 2,329 XDR

Yearly Trough Low 2,326 XDR

Transaction Impact: A difference of 115.93 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0976

0.0941

JanuMarcMayJulySeptNove

HKD to XDR 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 0.0951, compared to 0.0963 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0951

H2 Avg (Jul–Dec) 0.0963

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0022 XDR (High: 0.0966 / Low: 0.0944). On the other end, October was the most stable month, with a tight range of 0.0010 XDR (High: 0.0977 / Low: 0.0967).

January Spread (Volatile) ±0.0022

October Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 0.0011 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0973) against the same month in 2022 (average: 0.0932), the exchange rate shifted by +0.0041 (+4.43%).

2023 Avg (October) 0.0973

2022 Avg (October) 0.0932

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0966	0.0944	0.0952
February	0.0960	0.0939	0.0952
March	0.0961	0.0946	0.0955
April	0.0948	0.0930	0.0944
May	0.0959	0.0941	0.0949
June	0.0962	0.0947	0.0957
July	0.0961	0.0944	0.0952
August	0.0961	0.0946	0.0957
September	0.0976	0.0958	0.0966
October	0.0977	0.0967	0.0973
November	0.0975	0.0961	0.0969
December	0.0970	0.0954	0.0960