2019 ILS to RSD Historical Review

YEARLY HIGH

30.9580 RSD

YEARLY LOW

27.3789 RSD

YEARLY AVERAGE

29.5495 RSD

2019 ILS to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ILS to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 30.9580. Conversely, the yearly low was recorded on January 2, dropping to 27.3789.

This high-to-low spread represents a total annual volatility of 3.5791 RSD. From a start-to-finish perspective, comparing the January average rate of 28.1210 to the December average rate of 30.4442, the exchange rate registered a net change of 8.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 30.9580 was up 6.82% compared to the 2018 peak of 28.9822, 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 154,790 RSD

2018 Average 139,384 RSD

Yearly Trough Low 136,894 RSD

Transaction Impact: A difference of 17,895.72 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

30.7500

27.8820

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 28.8864, compared to 30.2125 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3261 points.

H1 Avg (Jan–Jun) 28.8864

H2 Avg (Jul–Dec) 30.2125

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 1.2229 RSD (High: 30.4052 / Low: 29.1823). On the other end, April was the most stable month, with a tight range of 0.3268 RSD (High: 29.3769 / Low: 29.0501).

July Spread (Volatile) ±1.2229

April Spread (Stable) ±0.3268

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 May and June, when the average rate fell by 0.3479 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.3479

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 30.3298) against the same month in 2018 (average: 28.2643), the exchange rate shifted by +2.0655 (+7.31%).

2019 Avg (September) 30.3298

2018 Avg (September) 28.2643

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	28.4984	27.3789	28.1210
February	28.8897	28.4121	28.7239
March	29.1096	28.5739	28.8635
April	29.3769	29.0501	29.2250
May	29.6034	29.0954	29.3665
June	29.2045	28.6137	29.0186
July	30.4052	29.1823	29.6209
August	30.3735	29.9344	30.1573
September	30.9580	29.9160	30.3298
October	30.8658	29.7105	30.2121
November	30.8219	29.8255	30.5110
December	30.7473	30.1669	30.4442