2018 ILS to RSD Historical Review

YEARLY HIGH

28.9822 RSD

YEARLY LOW

26.7414 RSD

YEARLY AVERAGE

27.8733 RSD

2018 ILS to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ILS to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 28.9822. Conversely, the yearly low was recorded on February 15, dropping to 26.7414.

This high-to-low spread represents a total annual volatility of 2.2408 RSD. From a start-to-finish perspective, comparing the January average rate of 28.4201 to the December average rate of 27.6951, the exchange rate registered a net change of -2.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 28.9822 was down 9.72% compared to the 2017 peak of 32.1031, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 144,911 RSD

2017 Average 149,539 RSD

Yearly Trough Low 133,707 RSD

Transaction Impact: A difference of 11,204.23 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

28.5406

27.0955

JanuMarcMayJulySeptNove

ILS 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 27.7683, compared to 27.9783 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2100 points.

H1 Avg (Jan–Jun) 27.7683

H2 Avg (Jul–Dec) 27.9783

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 1.3842 RSD (High: 28.4898 / Low: 27.1056). On the other end, July was the most stable month, with a tight range of 0.3445 RSD (High: 27.8595 / Low: 27.5150).

May Spread (Volatile) ±1.3842

July Spread (Stable) ±0.3445

Growth Streaks & Declines

Trends

Between April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 1.0245 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.0245

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 28.4201) against the same month in 2017 (average: 30.5066), the exchange rate shifted by -2.0865 (-6.84%).

2018 Avg (January) 28.4201

2017 Avg (January) 30.5066

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	28.9822	27.9784	28.4201
February	27.8250	26.7414	27.3956
March	27.8650	27.2408	27.6542
April	27.4530	27.0110	27.2159
May	28.4898	27.1056	27.8636
June	28.4797	27.6205	28.0603
July	27.8595	27.5150	27.7111
August	28.2629	27.5420	27.9256
September	28.5374	27.9988	28.2643
October	28.3853	28.0054	28.1851
November	28.4188	27.7695	28.0886
December	28.0580	27.3888	27.6951