2018 BND to RSD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 BND to RSD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the BND to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 75.8371. Conversely, the yearly low was recorded on December 31, dropping to 65.4720.
This high-to-low spread represents a total annual volatility of 10.3651 RSD. From a start-to-finish perspective, comparing the January average rate of 73.5586 to the December average rate of 66.2709, the exchange rate registered a net change of -9.91% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 75.8371 was down 9.39% compared to the 2017 peak of 83.6917, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
BND 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 72.8008, compared to 69.8898 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.9110 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was December, with a trading range of 10.2988 RSD (High: 75.7708 / Low: 65.4720). On the other end, April was the most stable month, with a tight range of 0.8493 RSD (High: 73.5626 / Low: 72.7133).
Growth Streaks & Declines
TrendsBetween February and May, 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 November and December, when the average rate fell by 5.5501 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 71.8210) against the same month in 2017 (average: 74.6333), the exchange rate shifted by -2.8124 (-3.77%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 74.5256 | 72.8763 | 73.5586 |
| February | 73.1988 | 71.9719 | 72.6003 |
| March | 73.4895 | 72.2259 | 72.8669 |
| April | 73.5626 | 72.7133 | 73.1351 |
| May | 75.6300 | 67.8023 | 74.0011 |
| June | 75.8155 | 66.2363 | 70.6429 |
| July | 75.0498 | 66.5152 | 71.3132 |
| August | 74.5067 | 66.8572 | 67.9724 |
| September | 73.6691 | 66.4376 | 68.7528 |
| October | 75.4270 | 72.3476 | 73.2085 |
| November | 75.8371 | 65.8269 | 71.8210 |
| December | 75.7708 | 65.4720 | 66.2709 |