2023 HTG to HKD Historical Review

YEARLY HIGH

0.0594 HKD

YEARLY LOW

0.0503 HKD

YEARLY AVERAGE

0.0554 HKD

2023 HTG to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the HTG to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 5, valuing the pair at 0.0594. Conversely, the yearly low was recorded on April 18, dropping to 0.0503.

This high-to-low spread represents a total annual volatility of 0.0091 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0527 to the December average rate of 0.0591, the exchange rate registered a net change of 12.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0594 was down 24.77% compared to the 2022 peak of 0.0789, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 HTG based on timing:

Yearly Peak High 297 HKD

2022 Average 337 HKD

Yearly Trough Low 251 HKD

Transaction Impact: A difference of 45.39 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0599

0.0498

JanuMarcMayJulySeptNove

HTG to HKD 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 0.0528, compared to 0.0581 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0053 points.

H1 Avg (Jan–Jun) 0.0528

H2 Avg (Jul–Dec) 0.0581

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0052 HKD (High: 0.0560 / Low: 0.0507). On the other end, December was the most stable month, with a tight range of 0.0005 HKD (High: 0.0592 / Low: 0.0587).

May Spread (Volatile) ±0.0052

December Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0011 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0589) against the same month in 2022 (average: 0.0580), the exchange rate shifted by +0.0009 (+1.64%).

2023 Avg (November) 0.0589

2022 Avg (November) 0.0580

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0530	0.0524	0.0527
February	0.0526	0.0518	0.0522
March	0.0521	0.0505	0.0511
April	0.0517	0.0503	0.0506
May	0.0560	0.0507	0.0539
June	0.0569	0.0556	0.0562
July	0.0573	0.0562	0.0568
August	0.0579	0.0570	0.0575
September	0.0582	0.0575	0.0579
October	0.0589	0.0577	0.0584
November	0.0594	0.0587	0.0589
December	0.0592	0.0587	0.0591