2019 AZN to RSD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 AZN to RSD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the AZN to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 63.2040. Conversely, the yearly low was recorded on January 2, dropping to 60.1925.
This high-to-low spread represents a total annual volatility of 3.0115 RSD. From a start-to-finish perspective, comparing the January average rate of 60.8840 to the December average rate of 62.1295, the exchange rate registered a net change of 2.05% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 63.2040 was up 2.67% compared to the 2018 peak of 61.5624, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
AZN to RSD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 61.3821, compared to 62.2531 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8709 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was August, with a trading range of 1.3991 RSD (High: 62.9039 / Low: 61.5048). On the other end, May was the most stable month, with a tight range of 0.6007 RSD (High: 62.2611 / Low: 61.6604).
Growth Streaks & Declines
TrendsBetween January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.6184 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2019: 62.6960) against the same month in 2018 (average: 59.6361), the exchange rate shifted by +3.0599 (+5.13%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 61.4972 | 60.1925 | 60.8840 |
| February | 61.6059 | 60.7048 | 61.1713 |
| March | 61.9483 | 60.6019 | 61.3394 |
| April | 62.2082 | 61.2376 | 61.6836 |
| May | 62.2611 | 61.6604 | 61.9164 |
| June | 62.0024 | 60.7401 | 61.2980 |
| July | 62.4552 | 61.2511 | 61.6729 |
| August | 62.9039 | 61.5048 | 62.1626 |
| September | 63.2040 | 62.1476 | 62.6960 |
| October | 63.1397 | 61.8405 | 62.4135 |
| November | 62.7753 | 61.7556 | 62.4439 |
| December | 62.6843 | 61.5595 | 62.1295 |