YEARLY HIGH
0.9442 RSD
YEARLY LOW
0.8646 RSD
YEARLY AVERAGE
0.9074 RSD

2018 JPY to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JPY to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 29, valuing the pair at 0.9442. Conversely, the yearly low was recorded on February 2, dropping to 0.8646.

This high-to-low spread represents a total annual volatility of 0.0797 RSD. From a start-to-finish perspective, comparing the January average rate of 0.8762 to the December average rate of 0.9270, the exchange rate registered a net change of 5.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.9442 was down 12.24% compared to the 2017 peak of 1.0760, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 472,120 RSD
2017 Average 479,930 RSD
Yearly Trough Low 432,294 RSD
Transaction Impact: A difference of 39,826.52 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.9321
0.8711
JanuMarcMayJulySeptNove

JPY 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 0.8989, compared to 0.9158 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0169 points.

H1 Avg (Jan–Jun) 0.8989
H2 Avg (Jul–Dec) 0.9158

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0536 RSD (High: 0.9442 / Low: 0.8906). On the other end, November was the most stable month, with a tight range of 0.0129 RSD (High: 0.9246 / Low: 0.9117).

May Spread (Volatile) ±0.0536
November Spread (Stable) ±0.0129

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0158 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0158

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2018: 0.9115) against the same month in 2017 (average: 0.9909), the exchange rate shifted by -0.0794 (-8.02%).

2018 Avg (May) 0.9115
2017 Avg (May) 0.9909

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8911 0.8709 0.8762
February 0.9072 0.8646 0.8883
March 0.9147 0.8952 0.9043
April 0.9091 0.8874 0.8949
May 0.9442 0.8906 0.9115
June 0.9260 0.9077 0.9185
July 0.9169 0.8955 0.9062
August 0.9407 0.9044 0.9220
September 0.9233 0.8903 0.9063
October 0.9293 0.8973 0.9147
November 0.9246 0.9117 0.9185
December 0.9410 0.9165 0.9270