2023 BBD to RSD Historical Review

YEARLY HIGH

56.0157 RSD

YEARLY LOW

52.1360 RSD

YEARLY AVERAGE

54.2067 RSD

2023 BBD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the BBD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 56.0157. Conversely, the yearly low was recorded on July 17, dropping to 52.1360.

This high-to-low spread represents a total annual volatility of 3.8796 RSD. From a start-to-finish perspective, comparing the January average rate of 54.4072 to the December average rate of 53.6680, the exchange rate registered a net change of -1.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 56.0157 was down 8.40% compared to the 2022 peak of 61.1512, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 280,078 RSD

2022 Average 279,241 RSD

Yearly Trough Low 260,680 RSD

Transaction Impact: A difference of 19,398.11 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

55.7420

52.7620

JanuMarcMayJulySeptNove

BBD 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 54.2414, compared to 54.1719 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0695 points.

H1 Avg (Jan–Jun) 54.2414

H2 Avg (Jul–Dec) 54.1719

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 2.3224 RSD (High: 55.6255 / Low: 53.3031). On the other end, August was the most stable month, with a tight range of 1.0582 RSD (High: 54.3085 / Low: 53.2503).

February Spread (Volatile) ±2.3224

August Spread (Stable) ±1.0582

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 1.3107 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.3107

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 55.4937) against the same month in 2022 (average: 59.6300), the exchange rate shifted by -4.1363 (-6.94%).

2023 Avg (October) 55.4937

2022 Avg (October) 59.6300

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	55.7700	53.7481	54.4072
February	55.6255	53.3031	54.8218
March	55.6066	53.7937	54.7407
April	54.1054	52.7841	53.4531
May	54.8229	52.9252	53.9637
June	54.7927	53.3550	54.0620
July	54.0042	52.1360	53.0103
August	54.3085	53.2503	53.7494
September	55.8260	54.3360	54.9270
October	56.0157	54.9040	55.4937
November	55.3465	53.2931	54.1830
December	54.4382	52.7390	53.6680