2018 BIF to RSD Historical Review

YEARLY HIGH

0.0588 RSD

YEARLY LOW

0.0537 RSD

YEARLY AVERAGE

0.0564 RSD

2018 BIF to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BIF to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 0.0588. Conversely, the yearly low was recorded on February 15, dropping to 0.0537.

This high-to-low spread represents a total annual volatility of 0.0051 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0551 to the December average rate of 0.0575, the exchange rate registered a net change of 4.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0588 was down 17.04% compared to the 2017 peak of 0.0709, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 294 RSD

2017 Average 313 RSD

Yearly Trough Low 269 RSD

Transaction Impact: A difference of 25.36 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0582

0.0539

JanuMarcMayJulySeptNove

BIF 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 0.0553, compared to 0.0574 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0553

H2 Avg (Jul–Dec) 0.0574

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0028 RSD (High: 0.0567 / Low: 0.0539). On the other end, July was the most stable month, with a tight range of 0.0011 RSD (High: 0.0574 / Low: 0.0563).

January Spread (Volatile) ±0.0028

July Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between March and June, 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 0.0009 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 0.0576) against the same month in 2017 (average: 0.0582), the exchange rate shifted by -0.0005 (-0.89%).

2018 Avg (August) 0.0576

2017 Avg (August) 0.0582

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0567	0.0539	0.0551
February	0.0551	0.0537	0.0543
March	0.0550	0.0538	0.0543
April	0.0552	0.0538	0.0543
May	0.0579	0.0552	0.0564
June	0.0577	0.0561	0.0570
July	0.0574	0.0563	0.0570
August	0.0588	0.0570	0.0576
September	0.0578	0.0563	0.0572
October	0.0587	0.0565	0.0576
November	0.0586	0.0569	0.0578
December	0.0582	0.0566	0.0575