2023 XDR to HKD Historical Review

YEARLY HIGH

10.7470 HKD

YEARLY LOW

10.2368 HKD

YEARLY AVERAGE

10.4496 HKD

2023 XDR to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XDR to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 10.7470. Conversely, the yearly low was recorded on October 16, dropping to 10.2368.

This high-to-low spread represents a total annual volatility of 0.5101 HKD. From a start-to-finish perspective, comparing the January average rate of 10.5064 to the December average rate of 10.4151, the exchange rate registered a net change of -0.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 10.7470 was down 2.56% compared to the 2022 peak of 11.0294, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 53,735 HKD

2022 Average 53,696 HKD

Yearly Trough Low 51,184 HKD

Transaction Impact: A difference of 2,550.74 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

10.6265

10.2448

JanuMarcMayJulySeptNove

XDR 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 10.5126, compared to 10.3866 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1260 points.

H1 Avg (Jan–Jun) 10.5126

H2 Avg (Jul–Dec) 10.3866

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.2444 HKD (High: 10.5982 / Low: 10.3538). On the other end, October was the most stable month, with a tight range of 0.1080 HKD (High: 10.3449 / Low: 10.2368).

January Spread (Volatile) ±0.2444

October Spread (Stable) ±0.1080

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 0.0968 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0968

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 10.5947) against the same month in 2022 (average: 10.8548), the exchange rate shifted by -0.2600 (-2.40%).

2023 Avg (April) 10.5947

2022 Avg (April) 10.8548

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.5982	10.3538	10.5064
February	10.6520	10.4123	10.5099
March	10.5666	10.4027	10.4731
April	10.7470	10.5449	10.5947
May	10.6267	10.4257	10.5381
June	10.5646	10.3969	10.4537
July	10.5964	10.4016	10.5052
August	10.5672	10.4028	10.4486
September	10.4420	10.2466	10.3519
October	10.3449	10.2368	10.2766
November	10.4088	10.2548	10.3223
December	10.4823	10.3048	10.4151