2018 CVE to RSD Historical Review

YEARLY HIGH

1.0953 RSD

YEARLY LOW

1.0563 RSD

YEARLY AVERAGE

1.0693 RSD

2018 CVE to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the CVE to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 1.0953. Conversely, the yearly low was recorded on June 30, dropping to 1.0563.

This high-to-low spread represents a total annual volatility of 0.0390 RSD. From a start-to-finish perspective, comparing the January average rate of 1.0708 to the December average rate of 1.0699, the exchange rate registered a net change of -0.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.0953 was down 3.50% compared to the 2017 peak of 1.1351, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,477 RSD

2017 Average 5,483 RSD

Yearly Trough Low 5,282 RSD

Transaction Impact: A difference of 194.97 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.0712

1.0669

JanuMarcMayJulySeptNove

CVE 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 1.0688, compared to 1.0697 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 1.0688

H2 Avg (Jul–Dec) 1.0697

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.0390 RSD (High: 1.0953 / Low: 1.0563). On the other end, December was the most stable month, with a tight range of 0.0084 RSD (High: 1.0745 / Low: 1.0661).

June Spread (Volatile) ±0.0390

December Spread (Stable) ±0.0084

Growth Streaks & Declines

Trends

Between July and September, 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 May and June, when the average rate fell by 0.0028 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 1.0674) against the same month in 2017 (average: 1.1015), the exchange rate shifted by -0.0341 (-3.10%).

2018 Avg (June) 1.0674

2017 Avg (June) 1.1015

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0807	1.0601	1.0708
February	1.0751	1.0602	1.0690
March	1.0742	1.0584	1.0681
April	1.0727	1.0640	1.0675
May	1.0777	1.0634	1.0702
June	1.0953	1.0563	1.0674
July	1.0767	1.0598	1.0673
August	1.0837	1.0611	1.0685
September	1.0791	1.0604	1.0708
October	1.0855	1.0621	1.0706
November	1.0810	1.0644	1.0709
December	1.0745	1.0661	1.0699