YEARLY HIGH
13.7275 RSD
YEARLY LOW
13.0792 RSD
YEARLY AVERAGE
13.4323 RSD

2019 HKD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the HKD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 13.7275. Conversely, the yearly low was recorded on January 2, dropping to 13.0792.

This high-to-low spread represents a total annual volatility of 0.6483 RSD. From a start-to-finish perspective, comparing the January average rate of 13.2192 to the December average rate of 13.5527, the exchange rate registered a net change of 2.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 13.7275 was up 2.35% compared to the 2018 peak of 13.4121, 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 343,187 RSD
2018 Average 319,660 RSD
Yearly Trough Low 326,979 RSD
Transaction Impact: A difference of 16,207.59 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

13.6624
13.1789
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 13.3243, compared to 13.5403 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2160 points.

H1 Avg (Jan–Jun) 13.3243
H2 Avg (Jul–Dec) 13.5403

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.3066 RSD (High: 13.6560 / Low: 13.3494). On the other end, May was the most stable month, with a tight range of 0.1324 RSD (High: 13.5063 / Low: 13.3739).

August Spread (Volatile) ±0.3066
May Spread (Stable) ±0.1324

Growth Streaks & Declines

Trends

Between January and May, 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 May and June, when the average rate fell by 0.0983 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0983

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 13.6221) against the same month in 2018 (average: 12.9542), the exchange rate shifted by +0.6679 (+5.16%).

2019 Avg (September) 13.6221
2018 Avg (September) 12.9542

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.3434 13.0792 13.2192
February 13.3623 13.1711 13.2706
March 13.4357 13.1442 13.3043
April 13.5020 13.2941 13.3864
May 13.5063 13.3739 13.4318
June 13.4655 13.2410 13.3334
July 13.5842 13.3436 13.4403
August 13.6560 13.3494 13.4968
September 13.7275 13.4954 13.6221
October 13.7072 13.4230 13.5500
November 13.6527 13.4164 13.5801
December 13.6320 13.4544 13.5527