2019 GNF to RSD Historical Review

YEARLY HIGH

0.0118 RSD

YEARLY LOW

0.0110 RSD

YEARLY AVERAGE

0.0114 RSD

2019 GNF to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GNF to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 0.0118. Conversely, the yearly low was recorded on December 31, dropping to 0.0110.

This high-to-low spread represents a total annual volatility of 0.0008 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0113 to the December average rate of 0.0112, the exchange rate registered a net change of -1.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0118 was up 2.17% compared to the 2018 peak of 0.0116, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 59 RSD

2018 Average 55 RSD

Yearly Trough Low 55 RSD

Transaction Impact: A difference of 4.22 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0116

0.0111

JanuMarcMayJulySeptNove

GNF 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 0.0114, compared to 0.0114 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0114

H2 Avg (Jul–Dec) 0.0114

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 0.0006 RSD (High: 0.0118 / Low: 0.0112). On the other end, September was the most stable month, with a tight range of 0.0002 RSD (High: 0.0117 / Low: 0.0115).

November Spread (Volatile) ±0.0006

September Spread (Stable) ±0.0002

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 November and December, when the average rate fell by 0.0002 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 0.0114) against the same month in 2018 (average: 0.0114), the exchange rate shifted by -0.0000 (-0.42%).

2019 Avg (November) 0.0114

2018 Avg (November) 0.0114

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0115	0.0112	0.0113
February	0.0115	0.0112	0.0114
March	0.0115	0.0112	0.0114
April	0.0116	0.0113	0.0114
May	0.0116	0.0114	0.0115
June	0.0115	0.0112	0.0114
July	0.0116	0.0113	0.0114
August	0.0116	0.0114	0.0115
September	0.0117	0.0115	0.0116
October	0.0117	0.0114	0.0115
November	0.0118	0.0112	0.0114
December	0.0113	0.0110	0.0112