YEARLY HIGH
0.0140 HKD
YEARLY LOW
0.0136 HKD
YEARLY AVERAGE
0.0138 HKD

2023 SOS to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SOS to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0140. Conversely, the yearly low was recorded on December 16, dropping to 0.0136.

This high-to-low spread represents a total annual volatility of 0.0004 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0138 to the December average rate of 0.0137, the exchange rate registered a net change of -0.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0140 was down 0.47% compared to the 2022 peak of 0.0141, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 70 HKD
2022 Average 68 HKD
Yearly Trough Low 68 HKD
Transaction Impact: A difference of 2.09 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0138
0.0136
JanuMarcMayJulySeptNove

SOS 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 0.0138, compared to 0.0137 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0138
H2 Avg (Jul–Dec) 0.0137

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0002 HKD (High: 0.0139 / Low: 0.0137). On the other end, October was the most stable month, with a tight range of 0.0001 HKD (High: 0.0138 / Low: 0.0137).

February Spread (Volatile) ±0.0002
October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and March, 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 April and May, when the average rate fell by 0.0000 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0138) against the same month in 2022 (average: 0.0134), the exchange rate shifted by +0.0004 (+2.75%).

2023 Avg (March) 0.0138
2022 Avg (March) 0.0134

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0138 0.0137 0.0138
February 0.0139 0.0137 0.0138
March 0.0140 0.0138 0.0138
April 0.0139 0.0138 0.0138
May 0.0138 0.0137 0.0138
June 0.0139 0.0137 0.0138
July 0.0139 0.0137 0.0137
August 0.0138 0.0137 0.0138
September 0.0138 0.0137 0.0137
October 0.0138 0.0137 0.0137
November 0.0138 0.0136 0.0137
December 0.0137 0.0136 0.0137