2023 HKD to XPF Historical Review

YEARLY HIGH

14.5520 XPF

YEARLY LOW

13.5600 XPF

YEARLY AVERAGE

14.0861 XPF

2023 HKD to XPF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HKD to XPF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 14.5520. Conversely, the yearly low was recorded on May 6, dropping to 13.5600.

This high-to-low spread represents a total annual volatility of 0.9920 XPF. From a start-to-finish perspective, comparing the January average rate of 14.1464 to the December average rate of 13.9898, the exchange rate registered a net change of -1.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 14.5520 was down 8.14% compared to the 2022 peak of 15.8419, 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 363,799 XPF

2022 Average 362,294 XPF

Yearly Trough Low 338,999 XPF

Transaction Impact: A difference of 24,799.38 XPF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

14.4960

13.7423

JanuMarcMayJulySeptNove

HKD to XPF 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 14.0716, compared to 14.1006 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0290 points.

H1 Avg (Jan–Jun) 14.0716

H2 Avg (Jul–Dec) 14.1006

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.6881 XPF (High: 14.2480 / Low: 13.5600). On the other end, August was the most stable month, with a tight range of 0.2362 XPF (High: 14.0929 / Low: 13.8567).

May Spread (Volatile) ±0.6881

August Spread (Stable) ±0.2362

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 0.3550 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3550

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 14.4332) against the same month in 2022 (average: 15.4572), the exchange rate shifted by -1.0240 (-6.62%).

2023 Avg (October) 14.4332

2022 Avg (October) 15.4572

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.5170	13.9563	14.1464
February	14.4079	13.8225	14.2104
March	14.4109	13.9407	14.1900
April	14.0702	13.6613	13.8350
May	14.2480	13.5600	13.9971
June	14.2338	13.8684	14.0507
July	14.0546	13.5807	13.8052
August	14.0929	13.8567	13.9755
September	14.5231	14.1016	14.2723
October	14.5520	14.2934	14.4332
November	14.4102	13.9120	14.1278
December	14.1999	13.7551	13.9898