YEARLY HIGH
49.7118 RSD
YEARLY LOW
46.8178 RSD
YEARLY AVERAGE
48.1085 RSD

2018 FJD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the FJD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 49.7118. Conversely, the yearly low was recorded on March 27, dropping to 46.8178.

This high-to-low spread represents a total annual volatility of 2.8939 RSD. From a start-to-finish perspective, comparing the January average rate of 48.1134 to the December average rate of 48.9731, the exchange rate registered a net change of 1.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 49.7118 was down 13.57% compared to the 2017 peak of 57.5142, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 248,559 RSD
2017 Average 261,285 RSD
Yearly Trough Low 234,089 RSD
Transaction Impact: A difference of 14,469.69 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

49.3406
46.9902
JanuMarcMayJulySeptNove

FJD 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 47.7860, compared to 48.4309 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6449 points.

H1 Avg (Jan–Jun) 47.7860
H2 Avg (Jul–Dec) 48.4309

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 2.0496 RSD (High: 49.1577 / Low: 47.1081). On the other end, April was the most stable month, with a tight range of 0.6483 RSD (High: 47.5116 / Low: 46.8633).

May Spread (Volatile) ±2.0496
April Spread (Stable) ±0.6483

Growth Streaks & Declines

Trends

Between April and June, 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 August and September, when the average rate fell by 0.7059 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.7059

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 48.9731) against the same month in 2017 (average: 48.6385), the exchange rate shifted by +0.3345 (+0.69%).

2018 Avg (December) 48.9731
2017 Avg (December) 48.6385

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 48.6852 47.5805 48.1134
February 47.8879 46.9026 47.4774
March 47.6920 46.8178 47.2132
April 47.5116 46.8633 47.1861
May 49.1577 47.1081 48.0712
June 49.1481 47.9750 48.6549
July 48.4352 47.6328 48.1213
August 49.0618 48.0076 48.4919
September 48.2885 47.2767 47.7861
October 48.7256 47.3612 48.0685
November 49.5528 48.0282 49.1447
December 49.7118 48.1299 48.9731