2023 AED to RSD Historical Review

YEARLY HIGH

30.5013 RSD

YEARLY LOW

28.3888 RSD

YEARLY AVERAGE

29.5178 RSD

2023 AED to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AED to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 30.5013. Conversely, the yearly low was recorded on July 17, dropping to 28.3888.

This high-to-low spread represents a total annual volatility of 2.1125 RSD. From a start-to-finish perspective, comparing the January average rate of 29.6258 to the December average rate of 29.2267, the exchange rate registered a net change of -1.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 30.5013 was down 8.40% compared to the 2022 peak of 33.2975, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 152,507 RSD

2022 Average 152,049 RSD

Yearly Trough Low 141,944 RSD

Transaction Impact: A difference of 10,562.54 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

30.3521

28.7296

JanuMarcMayJulySeptNove

AED 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 29.5376, compared to 29.4981 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0395 points.

H1 Avg (Jan–Jun) 29.5376

H2 Avg (Jul–Dec) 29.4981

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1.2638 RSD (High: 30.2884 / Low: 29.0247). On the other end, August was the most stable month, with a tight range of 0.5763 RSD (High: 29.5715 / Low: 28.9952).

February Spread (Volatile) ±1.2638

August Spread (Stable) ±0.5763

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 0.7122 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.7122

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 30.2169) against the same month in 2022 (average: 32.4693), the exchange rate shifted by -2.2524 (-6.94%).

2023 Avg (October) 30.2169

2022 Avg (October) 32.4693

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	30.3675	29.2665	29.6258
February	30.2884	29.0247	29.8514
March	30.2809	29.2922	29.8094
April	29.4640	28.7497	29.1108
May	29.8520	28.8255	29.3904
June	29.8356	29.0520	29.4377
July	29.4058	28.3888	28.8648
August	29.5715	28.9952	29.2670
September	30.3979	29.5861	29.9084
October	30.5013	29.8956	30.2169
November	30.1370	29.0236	29.5047
December	29.6488	28.7195	29.2267