2023 ALL to RSD Historical Review

YEARLY HIGH

1.1735 RSD

YEARLY LOW

0.9879 RSD

YEARLY AVERAGE

1.0797 RSD

2023 ALL to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the ALL to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 1.1735. Conversely, the yearly low was recorded on January 8, dropping to 0.9879.

This high-to-low spread represents a total annual volatility of 0.1856 RSD. From a start-to-finish perspective, comparing the January average rate of 1.0082 to the December average rate of 1.1399, the exchange rate registered a net change of 13.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 1.1735 was up 12.75% compared to the 2022 peak of 1.0408, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,868 RSD

2022 Average 4,939 RSD

Yearly Trough Low 4,940 RSD

Transaction Impact: A difference of 928.03 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

1.1530

0.9951

JanuMarcMayJulySeptNove

ALL 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 1.0397, compared to 1.1198 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0801 points.

H1 Avg (Jan–Jun) 1.0397

H2 Avg (Jul–Dec) 1.1198

Volatility Range Comparison

Volatility

The most volatile month in 2023 was August, with a trading range of 0.0857 RSD (High: 1.1464 / Low: 1.0608). On the other end, October was the most stable month, with a tight range of 0.0192 RSD (High: 1.1184 / Low: 1.0991).

August Spread (Volatile) ±0.0857

October Spread (Stable) ±0.0192

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0243 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0243

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 1.1346) against the same month in 2022 (average: 0.9994), the exchange rate shifted by +0.1352 (+13.53%).

2023 Avg (July) 1.1346

2022 Avg (July) 0.9994

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0395	0.9879	1.0082
February	1.0230	0.9971	1.0147
March	1.0375	1.0151	1.0242
April	1.0568	1.0307	1.0439
May	1.0672	1.0325	1.0552
June	1.1111	1.0671	1.0918
July	1.1735	1.0973	1.1346
August	1.1464	1.0608	1.1103
September	1.1113	1.0848	1.0974
October	1.1184	1.0991	1.1085
November	1.1495	1.1072	1.1282
December	1.1600	1.1257	1.1399