2023 LBP to HKD Historical Review

YEARLY HIGH

0.0052 HKD

YEARLY LOW

0.0005 HKD

YEARLY AVERAGE

0.0010 HKD

2023 LBP to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LBP to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.0052. Conversely, the yearly low was recorded on February 6, dropping to 0.0005.

This high-to-low spread represents a total annual volatility of 0.0047 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0052 to the December average rate of 0.0005, the exchange rate registered a net change of -89.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0052 was down 3.40% compared to the 2022 peak of 0.0054, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 26 HKD

2022 Average 26 HKD

Yearly Trough Low 3 HKD

Transaction Impact: A difference of 23.46 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0056

0.0001

JanuMarcMayJulySeptNove

LBP 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 0.0014, compared to 0.0005 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0014

H2 Avg (Jul–Dec) 0.0005

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0047 HKD (High: 0.0052 / Low: 0.0005). On the other end, December was the most stable month, with a tight range of 0.0000 HKD (High: 0.0005 / Low: 0.0005).

February Spread (Volatile) ±0.0047

December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0038 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0014) against the same month in 2022 (average: 0.0052), the exchange rate shifted by -0.0038 (-73.75%).

2023 Avg (February) 0.0014

2022 Avg (February) 0.0052

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0052	0.0051	0.0052
February	0.0052	0.0005	0.0014
March	0.0005	0.0005	0.0005
April	0.0005	0.0005	0.0005
May	0.0005	0.0005	0.0005
June	0.0005	0.0005	0.0005
July	0.0005	0.0005	0.0005
August	0.0005	0.0005	0.0005
September	0.0005	0.0005	0.0005
October	0.0005	0.0005	0.0005
November	0.0005	0.0005	0.0005
December	0.0005	0.0005	0.0005