YEARLY HIGH
0.0179 HKD
YEARLY LOW
0.0166 HKD
YEARLY AVERAGE
0.0172 HKD

2023 KMF to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KMF to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.0179. Conversely, the yearly low was recorded on October 3, dropping to 0.0166.

This high-to-low spread represents a total annual volatility of 0.0012 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0171 to the December average rate of 0.0173, the exchange rate registered a net change of 1.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0179 was down 1.68% compared to the 2022 peak of 0.0182, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 89 HKD
2022 Average 84 HKD
Yearly Trough Low 83 HKD
Transaction Impact: A difference of 6.12 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0176
0.0167
JanuMarcMayJulySeptNove

KMF 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 0.0172, compared to 0.0172 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0172
H2 Avg (Jul–Dec) 0.0172

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0007 HKD (High: 0.0174 / Low: 0.0167). On the other end, October was the most stable month, with a tight range of 0.0002 HKD (High: 0.0169 / Low: 0.0166).

November Spread (Volatile) ±0.0007
October Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0175) against the same month in 2022 (average: 0.0166), the exchange rate shifted by +0.0009 (+5.67%).

2023 Avg (July) 0.0175
2022 Avg (July) 0.0166

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0174 0.0167 0.0171
February 0.0174 0.0168 0.0171
March 0.0174 0.0168 0.0170
April 0.0176 0.0173 0.0175
May 0.0176 0.0170 0.0173
June 0.0174 0.0170 0.0172
July 0.0179 0.0172 0.0175
August 0.0175 0.0172 0.0173
September 0.0172 0.0167 0.0170
October 0.0169 0.0166 0.0168
November 0.0174 0.0167 0.0171
December 0.0176 0.0171 0.0173