2023 DZD to RSD Historical Review

YEARLY HIGH

0.8167 RSD

YEARLY LOW

0.7756 RSD

YEARLY AVERAGE

0.7975 RSD

2023 DZD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the DZD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 14, valuing the pair at 0.8167. Conversely, the yearly low was recorded on July 17, dropping to 0.7756.

This high-to-low spread represents a total annual volatility of 0.0411 RSD. From a start-to-finish perspective, comparing the January average rate of 0.7978 to the December average rate of 0.7979, the exchange rate registered a net change of 0.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8167 was down 6.14% compared to the 2022 peak of 0.8701, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,083 RSD

2022 Average 3,931 RSD

Yearly Trough Low 3,878 RSD

Transaction Impact: A difference of 205.42 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8107

0.7820

JanuMarcMayJulySeptNove

DZD 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 0.7972, compared to 0.7977 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.7972

H2 Avg (Jul–Dec) 0.7977

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0275 RSD (High: 0.8141 / Low: 0.7866). On the other end, August was the most stable month, with a tight range of 0.0098 RSD (High: 0.7952 / Low: 0.7853).

February Spread (Volatile) ±0.0275

August Spread (Stable) ±0.0098

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 March and April, when the average rate fell by 0.0150 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0150

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.8052) against the same month in 2022 (average: 0.8243), the exchange rate shifted by -0.0191 (-2.31%).

2023 Avg (November) 0.8052

2022 Avg (November) 0.8243

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8094	0.7922	0.7978
February	0.8141	0.7866	0.8034
March	0.8126	0.7936	0.8043
April	0.7968	0.7831	0.7893
May	0.8012	0.7827	0.7932
June	0.8030	0.7878	0.7955
July	0.7948	0.7756	0.7844
August	0.7952	0.7853	0.7898
September	0.8117	0.7949	0.8008
October	0.8153	0.7999	0.8083
November	0.8167	0.7942	0.8052
December	0.8097	0.7852	0.7979