YEARLY HIGH
0.5888 RSD
YEARLY LOW
0.5314 RSD
YEARLY AVERAGE
0.5633 RSD

2018 DJF to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the DJF to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 0.5888. Conversely, the yearly low was recorded on February 1, dropping to 0.5314.

This high-to-low spread represents a total annual volatility of 0.0574 RSD. From a start-to-finish perspective, comparing the January average rate of 0.5441 to the December average rate of 0.5840, the exchange rate registered a net change of 7.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.5888 was down 11.66% compared to the 2017 peak of 0.6665, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,944 RSD
2017 Average 3,010 RSD
Yearly Trough Low 2,657 RSD
Transaction Impact: A difference of 287.19 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.5890
0.5352
JanuMarcMayJulySeptNove

DJF 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 0.5500, compared to 0.5766 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0266 points.

H1 Avg (Jan–Jun) 0.5500
H2 Avg (Jul–Dec) 0.5766

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0219 RSD (High: 0.5750 / Low: 0.5531). On the other end, July was the most stable month, with a tight range of 0.0062 RSD (High: 0.5703 / Low: 0.5641).

May Spread (Volatile) ±0.0219
July Spread (Stable) ±0.0062

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 August and September, when the average rate fell by 0.0047 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0047

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.5846) against the same month in 2017 (average: 0.5656), the exchange rate shifted by +0.0190 (+3.36%).

2018 Avg (November) 0.5846
2017 Avg (November) 0.5656

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5560 0.5351 0.5441
February 0.5466 0.5314 0.5397
March 0.5461 0.5369 0.5413
April 0.5531 0.5390 0.5444
May 0.5750 0.5531 0.5627
June 0.5738 0.5620 0.5681
July 0.5703 0.5641 0.5672
August 0.5842 0.5674 0.5748
September 0.5752 0.5636 0.5701
October 0.5873 0.5731 0.5791
November 0.5888 0.5803 0.5846
December 0.5885 0.5795 0.5840