YEARLY HIGH
4.7406 RSD
YEARLY LOW
4.3334 RSD
YEARLY AVERAGE
4.5510 RSD

2013 ETB to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the ETB to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 21, valuing the pair at 4.7406. Conversely, the yearly low was recorded on December 29, dropping to 4.3334.

This high-to-low spread represents a total annual volatility of 0.4073 RSD. From a start-to-finish perspective, comparing the January average rate of 4.6024 to the December average rate of 4.3839, the exchange rate registered a net change of -4.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 4.7406 was down 13.11% compared to the 2012 peak of 5.4562, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 23,703 RSD
2012 Average 24,730 RSD
Yearly Trough Low 21,667 RSD
Transaction Impact: A difference of 2,036.39 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

4.6990
4.3553
JanuMarcMayJulySeptNove

ETB 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 4.6054, compared to 4.4965 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1089 points.

H1 Avg (Jan–Jun) 4.6054
H2 Avg (Jul–Dec) 4.4965

Volatility Range Comparison

Volatility

The most volatile month in 2013 was January, with a trading range of 0.2375 RSD (High: 4.7191 / Low: 4.4816). On the other end, August was the most stable month, with a tight range of 0.0564 RSD (High: 4.5859 / Low: 4.5295).

January Spread (Volatile) ±0.2375
August Spread (Stable) ±0.0564

Growth Streaks & Declines

Trends

Between May and July, 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 September and October, when the average rate fell by 0.1310 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1310

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2013: 4.6704) against the same month in 2012 (average: 4.8052), the exchange rate shifted by -0.1348 (-2.81%).

2013 Avg (March) 4.6704
2012 Avg (March) 4.8052

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.7191 4.4816 4.6024
February 4.6123 4.4290 4.5300
March 4.7406 4.6278 4.6704
April 4.7174 4.5522 4.6182
May 4.6314 4.5191 4.5868
June 4.6847 4.5514 4.6250
July 4.7389 4.5611 4.6400
August 4.5859 4.5295 4.5495
September 4.6296 4.4700 4.5470
October 4.4925 4.3486 4.4160
November 4.4833 4.3958 4.4427
December 4.4290 4.3334 4.3839