2018 KES to RSD Historical Review

YEARLY HIGH

1.0324 RSD

YEARLY LOW

0.9308 RSD

YEARLY AVERAGE

0.9891 RSD

2018 KES to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the KES to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 1.0324. Conversely, the yearly low was recorded on February 1, dropping to 0.9308.

This high-to-low spread represents a total annual volatility of 0.1017 RSD. From a start-to-finish perspective, comparing the January average rate of 0.9451 to the December average rate of 1.0173, the exchange rate registered a net change of 7.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.0324 was down 10.41% compared to the 2017 peak of 1.1524, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,162 RSD

2017 Average 5,205 RSD

Yearly Trough Low 4,654 RSD

Transaction Impact: A difference of 508.25 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.0274

0.9375

JanuMarcMayJulySeptNove

KES 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 0.9649, compared to 1.0134 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0486 points.

H1 Avg (Jan–Jun) 0.9649

H2 Avg (Jul–Dec) 1.0134

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0375 RSD (High: 1.0099 / Low: 0.9724). On the other end, December was the most stable month, with a tight range of 0.0105 RSD (High: 1.0230 / Low: 1.0125).

May Spread (Volatile) ±0.0375

December Spread (Stable) ±0.0105

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0097 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0097

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 1.0165) against the same month in 2017 (average: 0.9766), the exchange rate shifted by +0.0399 (+4.09%).

2018 Avg (August) 1.0165

2017 Avg (August) 0.9766

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9642	0.9333	0.9451
February	0.9618	0.9308	0.9450
March	0.9553	0.9383	0.9475
April	0.9756	0.9460	0.9572
May	1.0099	0.9724	0.9932
June	1.0098	0.9891	1.0011
July	1.0082	0.9952	1.0029
August	1.0324	1.0028	1.0165
September	1.0171	0.9946	1.0068
October	1.0295	1.0112	1.0199
November	1.0256	1.0047	1.0171
December	1.0230	1.0125	1.0173