YEARLY HIGH
58.1399 RSD
YEARLY LOW
47.6180 RSD
YEARLY AVERAGE
48.8463 RSD

2019 FJD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the FJD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 15, valuing the pair at 58.1399. Conversely, the yearly low was recorded on October 19, dropping to 47.6180.

This high-to-low spread represents a total annual volatility of 10.5219 RSD. From a start-to-finish perspective, comparing the January average rate of 48.8114 to the December average rate of 48.8118, the exchange rate registered a net change of 0.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 58.1399 was up 16.95% compared to the 2018 peak of 49.7118, 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 290,700 RSD
2018 Average 240,564 RSD
Yearly Trough Low 238,090 RSD
Transaction Impact: A difference of 52,609.35 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

49.2795
48.3595
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 48.9055, compared to 48.7870 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1185 points.

H1 Avg (Jan–Jun) 48.9055
H2 Avg (Jul–Dec) 48.7870

Volatility Range Comparison

Volatility

The most volatile month in 2019 was September, with a trading range of 9.5866 RSD (High: 58.1399 / Low: 48.5533). On the other end, February was the most stable month, with a tight range of 0.4580 RSD (High: 49.3246 / Low: 48.8666).

September Spread (Volatile) ±9.5866
February Spread (Stable) ±0.4580

Growth Streaks & Declines

Trends

Between October and December, 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 0.7667 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.7667

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 49.2028) against the same month in 2018 (average: 47.7861), the exchange rate shifted by +1.4167 (+2.96%).

2019 Avg (September) 49.2028
2018 Avg (September) 47.7861

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 49.2469 47.8556 48.8114
February 49.3246 48.8666 49.0792
March 49.4411 48.5928 49.0676
April 49.5272 48.7744 49.1549
May 49.1516 48.4406 48.8160
June 48.8445 47.8972 48.5041
July 49.4674 48.5305 49.0385
August 49.1325 48.1981 48.6149
September 58.1399 48.5533 49.2028
October 48.8982 47.6180 48.4361
November 49.1015 48.2787 48.6181
December 49.1381 48.4756 48.8118