YEARLY HIGH
53.4910 RSD
YEARLY LOW
50.8121 RSD
YEARLY AVERAGE
52.2306 RSD

2019 BZD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BZD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 53.4910. Conversely, the yearly low was recorded on January 2, dropping to 50.8121.

This high-to-low spread represents a total annual volatility of 2.6789 RSD. From a start-to-finish perspective, comparing the January average rate of 51.4587 to the December average rate of 52.4859, the exchange rate registered a net change of 2.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 53.4910 was up 2.86% compared to the 2018 peak of 52.0035, 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 267,455 RSD
2018 Average 249,199 RSD
Yearly Trough Low 254,061 RSD
Transaction Impact: A difference of 13,394.31 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

53.1194
51.3077
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 51.8661, compared to 52.5951 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7290 points.

H1 Avg (Jan–Jun) 51.8661
H2 Avg (Jul–Dec) 52.5951

Volatility Range Comparison

Volatility

The most volatile month in 2019 was March, with a trading range of 1.3422 RSD (High: 52.5664 / Low: 51.2243). On the other end, May was the most stable month, with a tight range of 0.5205 RSD (High: 52.5973 / Low: 52.0768).

March Spread (Volatile) ±1.3422
May Spread (Stable) ±0.5205

Growth Streaks & Declines

Trends

Between January and May, 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 May and June, when the average rate fell by 0.5237 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.5237

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 52.7464) against the same month in 2018 (average: 51.3014), the exchange rate shifted by +1.4450 (+2.82%).

2019 Avg (October) 52.7464
2018 Avg (October) 51.3014

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 51.9511 50.8121 51.4587
February 52.1068 51.2578 51.6680
March 52.5664 51.2243 51.8639
April 52.6114 51.7517 52.1266
May 52.5973 52.0768 52.3014
June 52.4909 51.3205 51.7778
July 52.7465 51.5783 52.0797
August 53.1327 51.9600 52.5356
September 53.3548 52.6491 52.9685
October 53.4910 52.2270 52.7464
November 53.0452 52.1608 52.7545
December 53.0502 52.0052 52.4859