2018 GMD to RSD Historical Review

YEARLY HIGH

2.1705 RSD

YEARLY LOW

1.9621 RSD

YEARLY AVERAGE

2.0832 RSD

2018 GMD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GMD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 29, valuing the pair at 2.1705. Conversely, the yearly low was recorded on January 28, dropping to 1.9621.

This high-to-low spread represents a total annual volatility of 0.2085 RSD. From a start-to-finish perspective, comparing the January average rate of 2.0260 to the December average rate of 2.1016, the exchange rate registered a net change of 3.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.1705 was down 21.46% compared to the 2017 peak of 2.7636, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,853 RSD

2017 Average 11,771 RSD

Yearly Trough Low 9,810 RSD

Transaction Impact: A difference of 1,042.39 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.1548

2.0125

JanuMarcMayJulySeptNove

GMD 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 2.0630, compared to 2.1035 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0405 points.

H1 Avg (Jan–Jun) 2.0630

H2 Avg (Jul–Dec) 2.1035

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.1256 RSD (High: 2.0877 / Low: 1.9621). On the other end, December was the most stable month, with a tight range of 0.0283 RSD (High: 2.1147 / Low: 2.0865).

January Spread (Volatile) ±0.1256

December Spread (Stable) ±0.0283

Growth Streaks & Declines

Trends

Between February and June, 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 August and September, when the average rate fell by 0.0355 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0355

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2018: 2.1193) against the same month in 2017 (average: 2.4116), the exchange rate shifted by -0.2923 (-12.12%).

2018 Avg (May) 2.1193

2017 Avg (May) 2.4116

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0877	1.9621	2.0260
February	2.0539	1.9790	2.0244
March	2.0398	2.0107	2.0260
April	2.0756	2.0221	2.0391
May	2.1705	2.0741	2.1193
June	2.1658	2.1199	2.1430
July	2.1467	2.0920	2.1162
August	2.1607	2.1034	2.1274
September	2.1321	2.0525	2.0919
October	2.1141	2.0622	2.0836
November	2.1152	2.0863	2.1002
December	2.1147	2.0865	2.1016