2011 HKD to RSD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 HKD to RSD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the HKD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 10.5649. Conversely, the yearly low was recorded on May 5, dropping to 8.5464.
This high-to-low spread represents a total annual volatility of 2.0185 RSD. From a start-to-finish perspective, comparing the January average rate of 10.0872 to the December average rate of 10.0512, the exchange rate registered a net change of -0.36% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2011 high of 10.5649 was down 4.75% compared to the 2010 peak of 11.0912, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 HKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
HKD to RSD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 9.3181, compared to 9.4715 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1535 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was January, with a trading range of 0.8432 RSD (High: 10.5649 / Low: 9.7217). On the other end, February was the most stable month, with a tight range of 0.2533 RSD (High: 9.8097 / Low: 9.5564).
Growth Streaks & Declines
TrendsBetween August and December, 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 March and April, when the average rate fell by 0.4359 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2011: 10.0872) against the same month in 2010 (average: 8.7505), the exchange rate shifted by +1.3367 (+15.28%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 10.5649 | 9.7217 | 10.0872 |
| February | 9.8097 | 9.5564 | 9.7030 |
| March | 9.6787 | 9.2624 | 9.4460 |
| April | 9.3428 | 8.6181 | 9.0101 |
| May | 9.0640 | 8.5464 | 8.7823 |
| June | 9.1559 | 8.5882 | 8.8798 |
| July | 9.4160 | 8.8730 | 9.1590 |
| August | 9.2741 | 8.9551 | 9.1292 |
| September | 9.7352 | 8.9948 | 9.3785 |
| October | 9.8574 | 9.0746 | 9.4030 |
| November | 10.0023 | 9.3731 | 9.7083 |
| December | 10.5166 | 9.8390 | 10.0512 |