YEARLY HIGH
0.0314 HKD
YEARLY LOW
0.0311 HKD
YEARLY AVERAGE
0.0313 HKD

2023 YER to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the YER to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 7, valuing the pair at 0.0314. Conversely, the yearly low was recorded on November 27, dropping to 0.0311.

This high-to-low spread represents a total annual volatility of 0.0003 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0312 to the December average rate of 0.0312, the exchange rate registered a net change of -0.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0314 was down 0.01% compared to the 2022 peak of 0.0314, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 157 HKD
2022 Average 156 HKD
Yearly Trough Low 156 HKD
Transaction Impact: A difference of 1.30 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0314
0.0312
JanuMarcMayJulySeptNove

YER 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 0.0313, compared to 0.0312 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) 0.0313
H2 Avg (Jul–Dec) 0.0312

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0002 HKD (High: 0.0314 / Low: 0.0311). On the other end, April was the most stable month, with a tight range of 0.0000 HKD (High: 0.0314 / Low: 0.0313).

August Spread (Volatile) ±0.0002
April Spread (Stable) ±0.0000

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 October and November, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0313) against the same month in 2022 (average: 0.0312), the exchange rate shifted by +0.0002 (+0.58%).

2023 Avg (February) 0.0313
2022 Avg (February) 0.0312

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0313 0.0312 0.0312
February 0.0314 0.0313 0.0313
March 0.0314 0.0313 0.0314
April 0.0314 0.0313 0.0314
May 0.0314 0.0312 0.0313
June 0.0313 0.0312 0.0313
July 0.0313 0.0311 0.0312
August 0.0314 0.0311 0.0313
September 0.0313 0.0312 0.0313
October 0.0313 0.0312 0.0313
November 0.0313 0.0311 0.0312
December 0.0313 0.0311 0.0312