2019 GMD to RSD Historical Review

YEARLY HIGH

2.1436 RSD

YEARLY LOW

2.0450 RSD

YEARLY AVERAGE

2.1012 RSD

2019 GMD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GMD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 2.1436. Conversely, the yearly low was recorded on December 31, dropping to 2.0450.

This high-to-low spread represents a total annual volatility of 0.0986 RSD. From a start-to-finish perspective, comparing the January average rate of 2.0940 to the December average rate of 2.0606, the exchange rate registered a net change of -1.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.1436 was down 1.24% compared to the 2018 peak of 2.1705, 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 10,718 RSD

2018 Average 10,418 RSD

Yearly Trough Low 10,225 RSD

Transaction Impact: A difference of 492.88 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.1302

2.0543

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 2.1079, compared to 2.0945 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0135 points.

H1 Avg (Jan–Jun) 2.1079

H2 Avg (Jul–Dec) 2.0945

Volatility Range Comparison

Volatility

The most volatile month in 2019 was October, with a trading range of 0.0716 RSD (High: 2.1286 / Low: 2.0570). On the other end, May was the most stable month, with a tight range of 0.0167 RSD (High: 2.1336 / Low: 2.1169).

October Spread (Volatile) ±0.0716

May Spread (Stable) ±0.0167

Growth Streaks & Declines

Trends

Between January and May, 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 September and October, when the average rate fell by 0.0245 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0245

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 2.1189) against the same month in 2018 (average: 2.0919), the exchange rate shifted by +0.0270 (+1.29%).

2019 Avg (September) 2.1189

2018 Avg (September) 2.0919

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1126	2.0696	2.0940
February	2.1166	2.0879	2.1021
March	2.1292	2.0790	2.1046
April	2.1354	2.1063	2.1180
May	2.1336	2.1169	2.1239
June	2.1292	2.0818	2.1050
July	2.1285	2.0948	2.1059
August	2.1265	2.0921	2.1102
September	2.1436	2.0965	2.1189
October	2.1286	2.0570	2.0944
November	2.0969	2.0535	2.0768
December	2.0852	2.0450	2.0606