2018 JMD to RSD Historical Review

YEARLY HIGH

0.8329 RSD

YEARLY LOW

0.7372 RSD

YEARLY AVERAGE

0.7777 RSD

2018 JMD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JMD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 0.8329. Conversely, the yearly low was recorded on September 20, dropping to 0.7372.

This high-to-low spread represents a total annual volatility of 0.0957 RSD. From a start-to-finish perspective, comparing the January average rate of 0.7829 to the December average rate of 0.8131, the exchange rate registered a net change of 3.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.8329 was down 9.54% compared to the 2017 peak of 0.9207, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,164 RSD

2017 Average 4,194 RSD

Yearly Trough Low 3,686 RSD

Transaction Impact: A difference of 478.72 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.8301

0.7375

JanuMarcMayJulySeptNove

JMD 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 0.7743, compared to 0.7811 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0068 points.

H1 Avg (Jan–Jun) 0.7743

H2 Avg (Jul–Dec) 0.7811

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0514 RSD (High: 0.8135 / Low: 0.7620). On the other end, September was the most stable month, with a tight range of 0.0203 RSD (High: 0.7574 / Low: 0.7372).

October Spread (Volatile) ±0.0514

September Spread (Stable) ±0.0203

Growth Streaks & Declines

Trends

Between March and May, 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 0.0206 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0206

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.8224) against the same month in 2017 (average: 0.8012), the exchange rate shifted by +0.0212 (+2.64%).

2018 Avg (November) 0.8224

2017 Avg (November) 0.8012

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8043	0.7672	0.7829
February	0.7739	0.7512	0.7623
March	0.7651	0.7447	0.7535
April	0.7849	0.7626	0.7717
May	0.8117	0.7831	0.7960
June	0.7977	0.7678	0.7798
July	0.7833	0.7565	0.7708
August	0.7663	0.7379	0.7548
September	0.7574	0.7372	0.7452
October	0.8135	0.7620	0.7803
November	0.8329	0.8085	0.8224
December	0.8238	0.8029	0.8131