2020 HKD to RSD Historical Review

YEARLY HIGH

14.2078 RSD

YEARLY LOW

12.3293 RSD

YEARLY AVERAGE

13.3010 RSD

2020 HKD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HKD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 14.2078. Conversely, the yearly low was recorded on December 30, dropping to 12.3293.

This high-to-low spread represents a total annual volatility of 1.8785 RSD. From a start-to-finish perspective, comparing the January average rate of 13.6215 to the December average rate of 12.4617, the exchange rate registered a net change of -8.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 14.2078 was up 3.50% compared to the 2019 peak of 13.7275, 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 355,194 RSD

2019 Average 335,828 RSD

Yearly Trough Low 308,232 RSD

Transaction Impact: A difference of 46,961.95 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

14.1072

12.3121

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 13.7510, compared to 12.8510 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9001 points.

H1 Avg (Jan–Jun) 13.7510

H2 Avg (Jul–Dec) 12.8510

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.9293 RSD (High: 14.2078 / Low: 13.2784). On the other end, August was the most stable month, with a tight range of 0.2232 RSD (High: 12.9278 / Low: 12.7046).

March Spread (Volatile) ±0.9293

August Spread (Stable) ±0.2232

Growth Streaks & Declines

Trends

Between August and October, 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 May and June, when the average rate fell by 0.4194 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.4194

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 13.6954) against the same month in 2019 (average: 13.3043), the exchange rate shifted by +0.3911 (+2.94%).

2020 Avg (March) 13.6954

2019 Avg (March) 13.3043

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.7383	13.4492	13.6215
February	14.0175	13.6816	13.8531
March	14.2078	13.2784	13.6954
April	14.0868	13.8003	13.9576
May	14.0449	13.6608	13.8990
June	13.6360	13.3449	13.4796
July	13.5042	12.7830	13.2452
August	12.9278	12.7046	12.8294
September	13.0496	12.7239	12.8727
October	13.0213	12.7919	12.8936
November	13.0301	12.6769	12.8032
December	12.5616	12.3293	12.4617