2014 HKD to RSD Historical Review

YEARLY HIGH

12.9154 RSD

YEARLY LOW

10.7087 RSD

YEARLY AVERAGE

11.4044 RSD

2014 HKD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the HKD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 12.9154. Conversely, the yearly low was recorded on March 18, dropping to 10.7087.

This high-to-low spread represents a total annual volatility of 2.2067 RSD. From a start-to-finish perspective, comparing the January average rate of 10.9224 to the December average rate of 12.7308, the exchange rate registered a net change of 16.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 12.9154 was up 12.61% compared to the 2013 peak of 11.4687, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 322,885 RSD

2013 Average 274,440 RSD

Yearly Trough Low 267,716 RSD

Transaction Impact: A difference of 55,168.18 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

12.9254

10.5897

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 10.8757, compared to 11.9332 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.0575 points.

H1 Avg (Jan–Jun) 10.8757

H2 Avg (Jul–Dec) 11.9332

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.5001 RSD (High: 12.0816 / Low: 11.5815). On the other end, June was the most stable month, with a tight range of 0.0808 RSD (High: 11.0009 / Low: 10.9201).

September Spread (Volatile) ±0.5001

June Spread (Stable) ±0.0808

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1526 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.1526

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 12.7308) against the same month in 2013 (average: 10.7997), the exchange rate shifted by +1.9311 (+17.88%).

2014 Avg (December) 12.7308

2013 Avg (December) 10.7997

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.0496	10.7405	10.9224
February	11.0648	10.8372	10.9370
March	10.8800	10.7087	10.7844
April	10.8650	10.7311	10.7904
May	10.9668	10.7087	10.8622
June	11.0009	10.9201	10.9578
July	11.2611	10.9242	11.0773
August	11.5836	11.2323	11.3754
September	12.0816	11.5815	11.8750
October	12.2472	12.0333	12.1357
November	12.5035	12.2378	12.4048
December	12.9154	12.4842	12.7308