2019 BGN to RSD Historical Review

YEARLY HIGH

60.9031 RSD

YEARLY LOW

59.3111 RSD

YEARLY AVERAGE

60.2354 RSD

2019 BGN to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BGN to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 60.9031. Conversely, the yearly low was recorded on January 2, dropping to 59.3111.

This high-to-low spread represents a total annual volatility of 1.5920 RSD. From a start-to-finish perspective, comparing the January average rate of 60.5060 to the December average rate of 60.0915, the exchange rate registered a net change of -0.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 60.9031 was up 0.08% compared to the 2018 peak of 60.8528, 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 304,515 RSD

2018 Average 302,281 RSD

Yearly Trough Low 296,555 RSD

Transaction Impact: A difference of 7,959.85 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

60.5489

60.0344

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 60.3461, compared to 60.1247 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2213 points.

H1 Avg (Jan–Jun) 60.3461

H2 Avg (Jul–Dec) 60.1247

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 1.5920 RSD (High: 60.9031 / Low: 59.3111). On the other end, May was the most stable month, with a tight range of 0.1467 RSD (High: 60.3874 / Low: 60.2406).

January Spread (Volatile) ±1.5920

May Spread (Stable) ±0.1467

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1065 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1065

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 60.5060) against the same month in 2018 (average: 60.6393), the exchange rate shifted by -0.1333 (-0.22%).

2019 Avg (January) 60.5060

2018 Avg (January) 60.6393

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	60.9031	59.3111	60.5060
February	60.5797	60.2634	60.4340
March	60.4309	60.2518	60.3275
April	60.3973	60.0057	60.2718
May	60.3874	60.2406	60.3038
June	60.3524	59.5987	60.2332
July	60.2692	60.0902	60.1998
August	60.3394	59.9786	60.1992
September	60.2850	59.8938	60.0996
October	60.2031	60.0033	60.0773
November	60.1666	60.0063	60.0810
December	60.1902	59.9778	60.0915