2023 XPF to HKD Historical Review

YEARLY HIGH

0.0737 HKD

YEARLY LOW

0.0687 HKD

YEARLY AVERAGE

0.0710 HKD

2023 XPF to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XPF to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 0.0737. Conversely, the yearly low was recorded on October 3, dropping to 0.0687.

This high-to-low spread represents a total annual volatility of 0.0050 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0707 to the December average rate of 0.0715, the exchange rate registered a net change of 1.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0737 was down 1.37% compared to the 2022 peak of 0.0748, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 369 HKD

2022 Average 346 HKD

Yearly Trough Low 344 HKD

Transaction Impact: A difference of 25.14 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0728

0.0690

JanuMarcMayJulySeptNove

XPF 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 0.0711, compared to 0.0709 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) 0.0711

H2 Avg (Jul–Dec) 0.0709

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0036 HKD (High: 0.0737 / Low: 0.0702). On the other end, August was the most stable month, with a tight range of 0.0012 HKD (High: 0.0722 / Low: 0.0710).

May Spread (Volatile) ±0.0036

August Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between February and April, 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 0.0015 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0715) against the same month in 2022 (average: 0.0696), the exchange rate shifted by +0.0019 (+2.72%).

2023 Avg (May) 0.0715

2022 Avg (May) 0.0696

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0717	0.0689	0.0707
February	0.0723	0.0694	0.0704
March	0.0717	0.0694	0.0705
April	0.0732	0.0711	0.0723
May	0.0737	0.0702	0.0715
June	0.0721	0.0703	0.0712
July	0.0736	0.0712	0.0724
August	0.0722	0.0710	0.0716
September	0.0709	0.0689	0.0701
October	0.0700	0.0687	0.0693
November	0.0719	0.0694	0.0708
December	0.0727	0.0704	0.0715