YEARLY HIGH
0.0649 RSD
YEARLY LOW
0.0622 RSD
YEARLY AVERAGE
0.0637 RSD

2019 CDF to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the CDF to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 0.0649. Conversely, the yearly low was recorded on December 31, dropping to 0.0622.

This high-to-low spread represents a total annual volatility of 0.0027 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0634 to the December average rate of 0.0630, the exchange rate registered a net change of -0.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0649 was down 0.02% compared to the 2018 peak of 0.0649, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 324 RSD
2018 Average 309 RSD
Yearly Trough Low 311 RSD
Transaction Impact: A difference of 13.44 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0643
0.0629
JanuMarcMayJulySeptNove

CDF 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 0.0637, compared to 0.0637 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0637
H2 Avg (Jul–Dec) 0.0637

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0019 RSD (High: 0.0641 / Low: 0.0622). On the other end, November was the most stable month, with a tight range of 0.0006 RSD (High: 0.0642 / Low: 0.0635).

December Spread (Volatile) ±0.0019
November Spread (Stable) ±0.0006

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 0.0010 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 0.0639) against the same month in 2018 (average: 0.0633), the exchange rate shifted by +0.0006 (+0.92%).

2019 Avg (October) 0.0639
2018 Avg (October) 0.0633

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0639 0.0623 0.0634
February 0.0641 0.0630 0.0636
March 0.0644 0.0630 0.0638
April 0.0646 0.0636 0.0641
May 0.0644 0.0637 0.0641
June 0.0640 0.0624 0.0631
July 0.0641 0.0627 0.0633
August 0.0646 0.0631 0.0639
September 0.0646 0.0638 0.0641
October 0.0649 0.0634 0.0639
November 0.0642 0.0635 0.0639
December 0.0641 0.0622 0.0630