2018 BZD to RSD Historical Review

YEARLY HIGH

52.0035 RSD

YEARLY LOW

47.0451 RSD

YEARLY AVERAGE

49.8250 RSD

2018 BZD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BZD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 52.0035. Conversely, the yearly low was recorded on February 15, dropping to 47.0451.

This high-to-low spread represents a total annual volatility of 4.9584 RSD. From a start-to-finish perspective, comparing the January average rate of 48.3800 to the December average rate of 51.5685, the exchange rate registered a net change of 6.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 52.0035 was down 11.72% compared to the 2017 peak of 58.9057, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 260,018 RSD

2017 Average 267,633 RSD

Yearly Trough Low 235,226 RSD

Transaction Impact: A difference of 24,791.98 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

52.0745

47.2656

JanuMarcMayJulySeptNove

BZD 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 48.6160, compared to 51.0341 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4181 points.

H1 Avg (Jan–Jun) 48.6160

H2 Avg (Jul–Dec) 51.0341

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 2.3557 RSD (High: 50.9085 / Low: 48.5528). On the other end, July was the most stable month, with a tight range of 0.5250 RSD (High: 50.4945 / Low: 49.9695).

May Spread (Volatile) ±2.3557

July Spread (Stable) ±0.5250

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.7136 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.7136

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 51.6738) against the same month in 2017 (average: 50.3329), the exchange rate shifted by +1.3409 (+2.66%).

2018 Avg (November) 51.6738

2017 Avg (November) 50.3329

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	49.5384	47.5263	48.3800
February	48.1858	47.0451	47.6664
March	48.1087	47.2820	47.7012
April	48.6485	47.4568	47.9127
May	50.9085	48.5528	49.7284
June	50.8186	49.7746	50.3072
July	50.4945	49.9695	50.2225
August	51.7372	50.2228	50.9347
September	50.9045	49.9032	50.5035
October	51.9168	50.7621	51.3014
November	52.0035	51.2437	51.6738
December	52.0022	51.1607	51.5685