2023 AOA to RSD Historical Review

YEARLY HIGH

0.2214 RSD

YEARLY LOW

0.1264 RSD

YEARLY AVERAGE

0.1671 RSD

2023 AOA to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the AOA to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.2214. Conversely, the yearly low was recorded on July 18, dropping to 0.1264.

This high-to-low spread represents a total annual volatility of 0.0950 RSD. From a start-to-finish perspective, comparing the January average rate of 0.2160 to the December average rate of 0.1292, the exchange rate registered a net change of -40.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2214 was down 21.79% compared to the 2022 peak of 0.2831, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,107 RSD

2022 Average 1,225 RSD

Yearly Trough Low 632 RSD

Transaction Impact: A difference of 475.12 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2260

0.1196

JanuMarcMayJulySeptNove

AOA 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 0.2033, compared to 0.1308 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0724 points.

H1 Avg (Jan–Jun) 0.2033

H2 Avg (Jul–Dec) 0.1308

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0547 RSD (High: 0.1848 / Low: 0.1301). On the other end, August was the most stable month, with a tight range of 0.0028 RSD (High: 0.1317 / Low: 0.1289).

June Spread (Volatile) ±0.0547

August Spread (Stable) ±0.0028

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 May and June, when the average rate fell by 0.0481 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0481

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.2160) against the same month in 2022 (average: 0.1932), the exchange rate shifted by +0.0228 (+11.80%).

2023 Avg (January) 0.2160

2022 Avg (January) 0.1932

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2214	0.2131	0.2160
February	0.2203	0.2114	0.2171
March	0.2198	0.2124	0.2164
April	0.2136	0.2075	0.2106
May	0.2119	0.1879	0.2038
June	0.1848	0.1301	0.1557
July	0.1309	0.1264	0.1284
August	0.1317	0.1289	0.1302
September	0.1349	0.1317	0.1327
October	0.1354	0.1326	0.1341
November	0.1334	0.1286	0.1306
December	0.1311	0.1267	0.1292