YEARLY HIGH
0.7040 RSD
YEARLY LOW
0.5755 RSD
YEARLY AVERAGE
0.5915 RSD

2019 DJF to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the DJF to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.7040. Conversely, the yearly low was recorded on January 2, dropping to 0.5755.

This high-to-low spread represents a total annual volatility of 0.1285 RSD. From a start-to-finish perspective, comparing the January average rate of 0.5861 to the December average rate of 0.5942, the exchange rate registered a net change of 1.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.7040 was up 19.56% compared to the 2018 peak of 0.5888, 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 3,520 RSD
2018 Average 2,817 RSD
Yearly Trough Low 2,877 RSD
Transaction Impact: A difference of 642.67 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.6010
0.5836
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 0.5877, compared to 0.5953 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0077 points.

H1 Avg (Jan–Jun) 0.5877
H2 Avg (Jul–Dec) 0.5953

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.1285 RSD (High: 0.7040 / Low: 0.5755). On the other end, May was the most stable month, with a tight range of 0.0057 RSD (High: 0.5953 / Low: 0.5896).

January Spread (Volatile) ±0.1285
May Spread (Stable) ±0.0057

Growth Streaks & Declines

Trends

Between February and May, 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 May and June, when the average rate fell by 0.0059 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0059

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.5861) against the same month in 2018 (average: 0.5441), the exchange rate shifted by +0.0420 (+7.73%).

2019 Avg (January) 0.5861
2018 Avg (January) 0.5441

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7040 0.5755 0.5861
February 0.5892 0.5805 0.5850
March 0.5925 0.5795 0.5866
April 0.5949 0.5857 0.5899
May 0.5953 0.5896 0.5921
June 0.5930 0.5808 0.5862
July 0.5972 0.5857 0.5898
August 0.6015 0.5881 0.5945
September 0.6044 0.5943 0.5996
October 0.6037 0.5915 0.5969
November 0.6004 0.5907 0.5972
December 0.5996 0.5888 0.5942