2019 JMD to RSD Historical Review

YEARLY HIGH

0.8397 RSD

YEARLY LOW

0.7472 RSD

YEARLY AVERAGE

0.7886 RSD

2019 JMD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JMD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 1, valuing the pair at 0.8397. Conversely, the yearly low was recorded on December 12, dropping to 0.7472.

This high-to-low spread represents a total annual volatility of 0.0925 RSD. From a start-to-finish perspective, comparing the January average rate of 0.7973 to the December average rate of 0.7728, the exchange rate registered a net change of -3.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.8397 was up 0.81% compared to the 2018 peak of 0.8329, 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 4,198 RSD

2018 Average 3,889 RSD

Yearly Trough Low 3,736 RSD

Transaction Impact: A difference of 462.61 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.8347

0.7511

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 0.7988, compared to 0.7784 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0204 points.

H1 Avg (Jan–Jun) 0.7988

H2 Avg (Jul–Dec) 0.7784

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0553 RSD (High: 0.8025 / Low: 0.7472). On the other end, November was the most stable month, with a tight range of 0.0081 RSD (High: 0.7625 / Low: 0.7543).

December Spread (Volatile) ±0.0553

November Spread (Stable) ±0.0081

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0284 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0284

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2019: 0.8104) against the same month in 2018 (average: 0.7717), the exchange rate shifted by +0.0388 (+5.02%).

2019 Avg (April) 0.8104

2018 Avg (April) 0.7717

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8142	0.7748	0.7973
February	0.8036	0.7585	0.7794
March	0.8394	0.8022	0.8278
April	0.8397	0.7879	0.8104
May	0.7917	0.7690	0.7820
June	0.8142	0.7702	0.7962
July	0.7977	0.7749	0.7865
August	0.7917	0.7744	0.7842
September	0.7987	0.7751	0.7864
October	0.8038	0.7618	0.7825
November	0.7625	0.7543	0.7581
December	0.8025	0.7472	0.7728