2019 BWP to RSD Historical Review

YEARLY HIGH

10.0296 RSD

YEARLY LOW

9.4898 RSD

YEARLY AVERAGE

9.7871 RSD

2019 BWP to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BWP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 10.0296. Conversely, the yearly low was recorded on August 12, dropping to 9.4898.

This high-to-low spread represents a total annual volatility of 0.5398 RSD. From a start-to-finish perspective, comparing the January average rate of 9.8361 to the December average rate of 9.8459, the exchange rate registered a net change of 0.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 10.0296 was down 2.48% compared to the 2018 peak of 10.2846, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 50,148 RSD

2018 Average 49,170 RSD

Yearly Trough Low 47,449 RSD

Transaction Impact: A difference of 2,698.76 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

9.9583

9.5956

JanuMarcMayJulySeptNove

BWP 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 9.8075, compared to 9.7667 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0407 points.

H1 Avg (Jan–Jun) 9.8075

H2 Avg (Jul–Dec) 9.7667

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.4038 RSD (High: 9.9758 / Low: 9.5720). On the other end, April was the most stable month, with a tight range of 0.1095 RSD (High: 9.9004 / Low: 9.7908).

January Spread (Volatile) ±0.4038

April Spread (Stable) ±0.1095

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 July and August, when the average rate fell by 0.2626 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2626

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 9.9281) against the same month in 2018 (average: 10.0269), the exchange rate shifted by -0.0988 (-0.98%).

2019 Avg (February) 9.9281

2018 Avg (February) 10.0269

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.9758	9.5720	9.8361
February	10.0296	9.8463	9.9281
March	9.8737	9.6407	9.7582
April	9.9004	9.7908	9.8612
May	9.9034	9.6773	9.8041
June	9.7389	9.4998	9.6572
July	9.9915	9.7672	9.8884
August	9.8559	9.4898	9.6258
September	9.8173	9.6703	9.7633
October	9.7956	9.6275	9.7152
November	9.8303	9.5780	9.7618
December	9.9416	9.7041	9.8459