YEARLY HIGH
151.7265 RSD
YEARLY LOW
144.4155 RSD
YEARLY AVERAGE
148.4391 RSD

2019 JOD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JOD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 151.7265. Conversely, the yearly low was recorded on January 2, dropping to 144.4155.

This high-to-low spread represents a total annual volatility of 7.3110 RSD. From a start-to-finish perspective, comparing the January average rate of 146.0611 to the December average rate of 149.1700, the exchange rate registered a net change of 2.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 151.7265 was up 2.71% compared to the 2018 peak of 147.7231, 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 758,633 RSD
2018 Average 706,174 RSD
Yearly Trough Low 722,078 RSD
Transaction Impact: A difference of 36,554.95 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

151.0479
145.6077
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 147.3618, compared to 149.5164 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.1546 points.

H1 Avg (Jan–Jun) 147.3618
H2 Avg (Jul–Dec) 149.5164

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 3.3591 RSD (High: 151.0484 / Low: 147.6894). On the other end, May was the most stable month, with a tight range of 1.4425 RSD (High: 149.5055 / Low: 148.0630).

August Spread (Volatile) ±3.3591
May Spread (Stable) ±1.4425

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 1.4957 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.4957

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 150.5945) against the same month in 2018 (average: 143.0490), the exchange rate shifted by +7.5455 (+5.27%).

2019 Avg (September) 150.5945
2018 Avg (September) 143.0490

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 147.5458 144.4155 146.0611
February 147.8276 145.7679 146.8082
March 148.6911 145.5213 147.2839
April 149.3785 147.1518 148.1380
May 149.5055 148.0630 148.6878
June 148.8843 145.8531 147.1921
July 149.9715 147.0802 148.0995
August 151.0484 147.6894 149.3521
September 151.7265 149.6318 150.5945
October 151.6153 148.5063 149.9315
November 150.7405 148.3965 149.9507
December 150.4158 147.8209 149.1700