2024 HKD to RSD Historical Review

YEARLY HIGH

14.5546 RSD

YEARLY LOW

13.3993 RSD

YEARLY AVERAGE

13.8709 RSD

2024 HKD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the HKD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 14.5546. Conversely, the yearly low was recorded on August 25, dropping to 13.3993.

This high-to-low spread represents a total annual volatility of 1.1553 RSD. From a start-to-finish perspective, comparing the January average rate of 13.7467 to the December average rate of 14.3677, the exchange rate registered a net change of 4.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 14.5546 was up 1.76% compared to the 2023 peak of 14.3031, 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 363,866 RSD

2023 Average 346,160 RSD

Yearly Trough Low 334,983 RSD

Transaction Impact: A difference of 28,882.30 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

14.4523

13.4379

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 13.8601, compared to 13.8818 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0218 points.

H1 Avg (Jan–Jun) 13.8601

H2 Avg (Jul–Dec) 13.8818

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.6595 RSD (High: 14.4312 / Low: 13.7718). On the other end, March was the most stable month, with a tight range of 0.1802 RSD (High: 13.8606 / Low: 13.6804).

November Spread (Volatile) ±0.6595

March Spread (Stable) ±0.1802

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.1956 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1956

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 14.3677) against the same month in 2023 (average: 13.7442), the exchange rate shifted by +0.6235 (+4.54%).

2024 Avg (December) 14.3677

2023 Avg (December) 13.7442

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.8748	13.5820	13.7467
February	13.9906	13.7802	13.8813
March	13.8606	13.6804	13.7804
April	14.0811	13.7680	13.9499
May	14.0279	13.7769	13.8714
June	14.0370	13.7314	13.9306
July	13.9548	13.7028	13.8108
August	13.8868	13.3993	13.6152
September	13.6292	13.4433	13.5224
October	13.9833	13.6125	13.8228
November	14.4312	13.7718	14.1520
December	14.5546	14.1964	14.3677