2018 JOD to RSD Historical Review

YEARLY HIGH

147.7231 RSD

YEARLY LOW

133.1706 RSD

YEARLY AVERAGE

141.1931 RSD

2018 JOD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JOD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 147.7231. Conversely, the yearly low was recorded on February 15, dropping to 133.1706.

This high-to-low spread represents a total annual volatility of 14.5525 RSD. From a start-to-finish perspective, comparing the January average rate of 137.0187 to the December average rate of 146.4744, the exchange rate registered a net change of 6.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 147.7231 was down 11.66% compared to the 2017 peak of 167.2171, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 738,616 RSD

2017 Average 758,934 RSD

Yearly Trough Low 665,853 RSD

Transaction Impact: A difference of 72,762.70 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

147.8214

133.9166

JanuMarcMayJulySeptNove

JOD 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 137.7236, compared to 144.6627 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.9392 points.

H1 Avg (Jan–Jun) 137.7236

H2 Avg (Jul–Dec) 144.6627

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 6.3467 RSD (High: 144.2668 / Low: 137.9201). On the other end, July was the most stable month, with a tight range of 1.2909 RSD (High: 142.8234 / Low: 141.5325).

May Spread (Volatile) ±6.3467

July Spread (Stable) ±1.2909

Growth Streaks & Declines

Trends

Between February and June, 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 January and February, when the average rate fell by 1.9433 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.9433

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 146.6627) against the same month in 2017 (average: 142.6677), the exchange rate shifted by +3.9950 (+2.80%).

2018 Avg (November) 146.6627

2017 Avg (November) 142.6677

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	140.1402	134.5929	137.0187
February	136.5383	133.1706	135.0754
March	136.4145	134.0618	135.1480
April	137.8965	134.2672	135.7245
May	144.2668	137.9201	140.8927
June	143.8542	141.0220	142.4822
July	142.8234	141.5325	142.2652
August	146.6004	142.3776	144.2210
September	144.3486	141.3064	143.0490
October	147.3436	143.8196	145.3040
November	147.7231	145.5811	146.6627
December	147.5838	145.3924	146.4744