2023 GYD to RSD Historical Review

YEARLY HIGH

0.5353 RSD

YEARLY LOW

0.4966 RSD

YEARLY AVERAGE

0.5159 RSD

2023 GYD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the GYD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 0.5353. Conversely, the yearly low was recorded on July 18, dropping to 0.4966.

This high-to-low spread represents a total annual volatility of 0.0387 RSD. From a start-to-finish perspective, comparing the January average rate of 0.5189 to the December average rate of 0.5124, the exchange rate registered a net change of -1.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.5353 was down 8.41% compared to the 2022 peak of 0.5845, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,676 RSD

2022 Average 2,669 RSD

Yearly Trough Low 2,483 RSD

Transaction Impact: A difference of 193.44 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.5331

0.5027

JanuMarcMayJulySeptNove

GYD 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 0.5143, compared to 0.5175 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.5143

H2 Avg (Jul–Dec) 0.5175

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0231 RSD (High: 0.5325 / Low: 0.5094). On the other end, August was the most stable month, with a tight range of 0.0100 RSD (High: 0.5189 / Low: 0.5089).

January Spread (Volatile) ±0.0231

August Spread (Stable) ±0.0100

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 0.0138 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0138

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.5306) against the same month in 2022 (average: 0.5701), the exchange rate shifted by -0.0395 (-6.93%).

2023 Avg (October) 0.5306

2022 Avg (October) 0.5701

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5325	0.5094	0.5189
February	0.5275	0.5053	0.5196
March	0.5272	0.5100	0.5196
April	0.5128	0.4992	0.5058
May	0.5186	0.5005	0.5105
June	0.5183	0.5046	0.5113
July	0.5110	0.4966	0.5053
August	0.5189	0.5089	0.5136
September	0.5331	0.5187	0.5251
October	0.5353	0.5246	0.5306
November	0.5290	0.5098	0.5182
December	0.5201	0.5034	0.5124