YEARLY HIGH
1.0546 RSD
YEARLY LOW
1.0028 RSD
YEARLY AVERAGE
1.0320 RSD

2019 KES to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the KES to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 1.0546. Conversely, the yearly low was recorded on January 2, dropping to 1.0028.

This high-to-low spread represents a total annual volatility of 0.0518 RSD. From a start-to-finish perspective, comparing the January average rate of 1.0205 to the December average rate of 1.0428, the exchange rate registered a net change of 2.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.0546 was up 2.14% compared to the 2018 peak of 1.0324, 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 5,273 RSD
2018 Average 4,947 RSD
Yearly Trough Low 5,014 RSD
Transaction Impact: A difference of 258.93 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.0454
1.0148
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 1.0345, compared to 1.0296 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0049 points.

H1 Avg (Jan–Jun) 1.0345
H2 Avg (Jul–Dec) 1.0296

Volatility Range Comparison

Volatility

The most volatile month in 2019 was March, with a trading range of 0.0331 RSD (High: 1.0546 / Low: 1.0214). On the other end, July was the most stable month, with a tight range of 0.0103 RSD (High: 1.0227 / Low: 1.0124).

March Spread (Volatile) ±0.0331
July Spread (Stable) ±0.0103

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0154 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0154

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2019: 1.0405) against the same month in 2018 (average: 0.9475), the exchange rate shifted by +0.0930 (+9.81%).

2019 Avg (March) 1.0405
2018 Avg (March) 0.9475

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0358 1.0028 1.0205
February 1.0467 1.0288 1.0391
March 1.0546 1.0214 1.0405
April 1.0448 1.0313 1.0388
May 1.0482 1.0368 1.0418
June 1.0417 1.0128 1.0264
July 1.0227 1.0124 1.0173
August 1.0347 1.0141 1.0247
September 1.0363 1.0231 1.0288
October 1.0353 1.0147 1.0249
November 1.0500 1.0183 1.0389
December 1.0536 1.0327 1.0428