2023 RSD to HKD Historical Review

YEARLY HIGH

0.0749 HKD

YEARLY LOW

0.0699 HKD

YEARLY AVERAGE

0.0722 HKD

2023 RSD to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.0749. Conversely, the yearly low was recorded on October 3, dropping to 0.0699.

This high-to-low spread represents a total annual volatility of 0.0050 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0719 to the December average rate of 0.0728, the exchange rate registered a net change of 1.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0749 was down 1.21% compared to the 2022 peak of 0.0759, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 RSD based on timing:

Yearly Peak High 375 HKD

2022 Average 351 HKD

Yearly Trough Low 350 HKD

Transaction Impact: A difference of 25.10 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0741

0.0702

JanuMarcMayJulySeptNove

RSD to HKD 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 0.0723, compared to 0.0722 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0723

H2 Avg (Jul–Dec) 0.0722

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0030 HKD (High: 0.0735 / Low: 0.0706). On the other end, August was the most stable month, with a tight range of 0.0011 HKD (High: 0.0733 / Low: 0.0722).

February Spread (Volatile) ±0.0030

August Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between February and April, 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 August and September, when the average rate fell by 0.0015 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0737) against the same month in 2022 (average: 0.0682), the exchange rate shifted by +0.0056 (+8.14%).

2023 Avg (July) 0.0737

2022 Avg (July) 0.0682

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0728	0.0701	0.0719
February	0.0735	0.0706	0.0716
March	0.0730	0.0706	0.0717
April	0.0744	0.0725	0.0734
May	0.0741	0.0714	0.0726
June	0.0734	0.0716	0.0724
July	0.0749	0.0724	0.0737
August	0.0733	0.0722	0.0728
September	0.0721	0.0701	0.0713
October	0.0713	0.0699	0.0705
November	0.0731	0.0707	0.0720
December	0.0740	0.0717	0.0728