YEARLY HIGH
13.4121 RSD
YEARLY LOW
12.0871 RSD
YEARLY AVERAGE
12.7828 RSD

2018 HKD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the HKD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 13.4121. Conversely, the yearly low was recorded on February 15, dropping to 12.0871.

This high-to-low spread represents a total annual volatility of 1.3250 RSD. From a start-to-finish perspective, comparing the January average rate of 12.4342 to the December average rate of 13.2908, the exchange rate registered a net change of 6.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 13.4121 was down 12.19% compared to the 2017 peak of 15.2742, 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 335,302 RSD
2017 Average 345,405 RSD
Yearly Trough Low 302,176 RSD
Transaction Impact: A difference of 33,125.57 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

13.3988
12.1173
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 12.4672, compared to 13.0983 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6311 points.

H1 Avg (Jan–Jun) 12.4672
H2 Avg (Jul–Dec) 13.0983

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.5795 RSD (High: 13.0463 / Low: 12.4668). On the other end, July was the most stable month, with a tight range of 0.1243 RSD (High: 12.9184 / Low: 12.7941).

May Spread (Volatile) ±0.5795
July Spread (Stable) ±0.1243

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.1823 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1823

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 13.2908) against the same month in 2017 (average: 12.8560), the exchange rate shifted by +0.4348 (+3.38%).

2018 Avg (December) 13.2908
2017 Avg (December) 12.8560

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.7207 12.2149 12.4342
February 12.3959 12.0871 12.2518
March 12.3285 12.1322 12.2241
April 12.4670 12.1495 12.2698
May 13.0463 12.4668 12.7362
June 13.0115 12.7503 12.8874
July 12.9184 12.7941 12.8621
August 13.2506 12.8707 13.0373
September 13.0472 12.7943 12.9542
October 13.3296 13.0234 13.1537
November 13.3913 13.1883 13.2920
December 13.4121 13.1744 13.2908