YEARLY HIGH
136.7677 RSD
YEARLY LOW
130.3980 RSD
YEARLY AVERAGE
133.6441 RSD

2018 FKP to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the FKP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 136.7677. Conversely, the yearly low was recorded on August 28, dropping to 130.3980.

This high-to-low spread represents a total annual volatility of 6.3697 RSD. From a start-to-finish perspective, comparing the January average rate of 134.3339 to the December average rate of 131.7003, the exchange rate registered a net change of -1.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 136.7677 was down 7.54% compared to the 2017 peak of 147.9257, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 683,838 RSD
2017 Average 692,569 RSD
Yearly Trough Low 651,990 RSD
Transaction Impact: A difference of 31,848.43 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

135.7577
131.3210
JanuMarcMayJulySeptNove

FKP 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 134.4187, compared to 132.8695 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5491 points.

H1 Avg (Jan–Jun) 134.4187
H2 Avg (Jul–Dec) 132.8695

Volatility Range Comparison

Volatility

The most volatile month in 2018 was March, with a trading range of 3.6528 RSD (High: 135.6640 / Low: 132.0111). On the other end, June was the most stable month, with a tight range of 2.0379 RSD (High: 135.3866 / Low: 133.3487).

March Spread (Volatile) ±3.6528
June Spread (Stable) ±2.0379

Growth Streaks & Declines

Trends

Between August and November, 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 November and December, when the average rate fell by 2.5357 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.5357

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2018: 135.3880) against the same month in 2017 (average: 145.8486), the exchange rate shifted by -10.4606 (-7.17%).

2018 Avg (April) 135.3880
2017 Avg (April) 145.8486

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 136.2437 132.8916 134.3339
February 135.2949 132.8371 133.8631
March 135.6640 132.0111 133.9025
April 136.7677 134.1836 135.3880
May 135.6671 133.1703 134.5852
June 135.3866 133.3487 134.4392
July 134.0278 131.8252 132.9950
August 132.7902 130.3980 131.6907
September 133.3840 130.8233 132.3952
October 135.4892 132.3820 134.1999
November 136.1115 132.6533 134.2360
December 133.1482 130.5814 131.7003