YEARLY HIGH
1.0125 RSD
YEARLY LOW
0.9276 RSD
YEARLY AVERAGE
0.9657 RSD

2019 JPY to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JPY to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 3, valuing the pair at 1.0125. Conversely, the yearly low was recorded on March 2, dropping to 0.9276.

This high-to-low spread represents a total annual volatility of 0.0849 RSD. From a start-to-finish perspective, comparing the January average rate of 0.9514 to the December average rate of 0.9690, the exchange rate registered a net change of 1.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.0125 was up 7.23% compared to the 2018 peak of 0.9442, 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 506,231 RSD
2018 Average 453,749 RSD
Yearly Trough Low 463,789 RSD
Transaction Impact: A difference of 42,441.93 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.0031
0.9340
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 0.9499, compared to 0.9815 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0316 points.

H1 Avg (Jan–Jun) 0.9499
H2 Avg (Jul–Dec) 0.9815

Volatility Range Comparison

Volatility

The most volatile month in 2019 was October, with a trading range of 0.0339 RSD (High: 1.0023 / Low: 0.9684). On the other end, November was the most stable month, with a tight range of 0.0124 RSD (High: 0.9826 / Low: 0.9703).

October Spread (Volatile) ±0.0339
November Spread (Stable) ±0.0124

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0101 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0101

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 0.9929) against the same month in 2018 (average: 0.9063), the exchange rate shifted by +0.0867 (+9.57%).

2019 Avg (September) 0.9929
2018 Avg (September) 0.9063

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9639 0.9400 0.9514
February 0.9522 0.9322 0.9437
March 0.9498 0.9276 0.9398
April 0.9495 0.9306 0.9401
May 0.9749 0.9439 0.9585
June 0.9749 0.9568 0.9656
July 0.9773 0.9632 0.9701
August 1.0075 0.9873 0.9974
September 1.0125 0.9819 0.9929
October 1.0023 0.9684 0.9829
November 0.9826 0.9703 0.9765
December 0.9790 0.9599 0.9690