2019 FKP to RSD Historical Review

YEARLY HIGH

141.4965 RSD

YEARLY LOW

126.2201 RSD

YEARLY AVERAGE

134.4187 RSD

2019 FKP to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the FKP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 141.4965. Conversely, the yearly low was recorded on August 11, dropping to 126.2201.

This high-to-low spread represents a total annual volatility of 15.2765 RSD. From a start-to-finish perspective, comparing the January average rate of 133.7642 to the December average rate of 138.6892, the exchange rate registered a net change of 3.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 141.4965 was up 3.46% compared to the 2018 peak of 136.7677, 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 707,483 RSD

2018 Average 668,186 RSD

Yearly Trough Low 631,100 RSD

Transaction Impact: A difference of 76,382.37 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

139.6954

127.6200

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 135.2278, compared to 133.6096 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6182 points.

H1 Avg (Jan–Jun) 135.2278

H2 Avg (Jul–Dec) 133.6096

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 9.1032 RSD (High: 137.3643 / Low: 128.2611). On the other end, June was the most stable month, with a tight range of 2.0419 RSD (High: 133.4165 / Low: 131.3747).

January Spread (Volatile) ±9.1032

June Spread (Stable) ±2.0419

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 3.2131 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -3.2131

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 138.6892) against the same month in 2018 (average: 131.7003), the exchange rate shifted by +6.9888 (+5.31%).

2019 Avg (December) 138.6892

2018 Avg (December) 131.7003

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	137.3643	128.2611	133.7642
February	138.2590	133.7254	135.4705
March	138.9409	136.0959	137.5348
April	138.2048	135.9781	136.7523
May	138.7776	133.4165	135.5290
June	133.4165	131.3747	132.3158
July	132.0130	128.3072	130.9447
August	130.3762	126.2201	128.6263
September	133.1845	129.3527	131.8977
October	136.8559	130.5948	134.5450
November	138.1862	135.9538	136.9546
December	141.4965	137.0357	138.6892