YEARLY HIGH
0.2100 RSD
YEARLY LOW
0.1850 RSD
YEARLY AVERAGE
0.2003 RSD

2023 CRC to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the CRC to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 13, valuing the pair at 0.2100. Conversely, the yearly low was recorded on January 1, dropping to 0.1850.

This high-to-low spread represents a total annual volatility of 0.0250 RSD. From a start-to-finish perspective, comparing the January average rate of 0.1894 to the December average rate of 0.2044, the exchange rate registered a net change of 7.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2100 was up 7.40% compared to the 2022 peak of 0.1955, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,050 RSD
2022 Average 867 RSD
Yearly Trough Low 925 RSD
Transaction Impact: A difference of 124.77 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2106
0.1875
JanuMarcMayJulySeptNove

CRC 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 0.1975, compared to 0.2031 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0056 points.

H1 Avg (Jan–Jun) 0.1975
H2 Avg (Jul–Dec) 0.2031

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0117 RSD (High: 0.1994 / Low: 0.1877). On the other end, April was the most stable month, with a tight range of 0.0036 RSD (High: 0.2008 / Low: 0.1971).

February Spread (Volatile) ±0.0117
April Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 0.0044 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.2087) against the same month in 2022 (average: 0.1912), the exchange rate shifted by +0.0174 (+9.12%).

2023 Avg (October) 0.2087
2022 Avg (October) 0.1912

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1956 0.1850 0.1894
February 0.1994 0.1877 0.1941
March 0.2033 0.1968 0.2007
April 0.2008 0.1971 0.1996
May 0.2038 0.1951 0.2008
June 0.2040 0.1974 0.2002
July 0.1993 0.1917 0.1963
August 0.2029 0.1955 0.1997
September 0.2077 0.2018 0.2051
October 0.2100 0.2063 0.2087
November 0.2086 0.2013 0.2043
December 0.2064 0.2026 0.2044