2018 BGN to RSD Historical Review

YEARLY HIGH

60.8528 RSD

YEARLY LOW

59.9026 RSD

YEARLY AVERAGE

60.4564 RSD

2018 BGN to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BGN to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 60.8528. Conversely, the yearly low was recorded on November 12, dropping to 59.9026.

This high-to-low spread represents a total annual volatility of 0.9502 RSD. From a start-to-finish perspective, comparing the January average rate of 60.6393 to the December average rate of 60.4644, the exchange rate registered a net change of -0.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 60.8528 was down 4.14% compared to the 2017 peak of 63.4804, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 304,264 RSD

2017 Average 310,149 RSD

Yearly Trough Low 299,513 RSD

Transaction Impact: A difference of 4,751.16 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

60.6697

60.3048

JanuMarcMayJulySeptNove

BGN 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 60.4708, compared to 60.4421 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0286 points.

H1 Avg (Jan–Jun) 60.4708

H2 Avg (Jul–Dec) 60.4421

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.6916 RSD (High: 60.5942 / Low: 59.9026). On the other end, July was the most stable month, with a tight range of 0.1666 RSD (High: 60.4154 / Low: 60.2487).

November Spread (Volatile) ±0.6916

July Spread (Stable) ±0.1666

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 January and February, when the average rate fell by 0.1278 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1278

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 60.6393) against the same month in 2017 (average: 63.2660), the exchange rate shifted by -2.6267 (-4.15%).

2018 Avg (January) 60.6393

2017 Avg (January) 63.2660

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	60.8528	60.3518	60.6393
February	60.7498	60.2941	60.5115
March	60.6646	60.1726	60.4297
April	60.6342	60.3012	60.4268
May	60.5676	59.9738	60.4409
June	60.6352	60.2559	60.3763
July	60.4154	60.2487	60.3352
August	60.6442	60.2274	60.3680
September	60.5986	60.2745	60.4779
October	60.6888	60.4109	60.5474
November	60.5942	59.9026	60.4598
December	60.5664	60.3624	60.4644