YEARLY HIGH
0.2412 RSD
YEARLY LOW
0.2334 RSD
YEARLY AVERAGE
0.2380 RSD

2023 KMF to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KMF to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 15, valuing the pair at 0.2412. Conversely, the yearly low was recorded on December 14, dropping to 0.2334.

This high-to-low spread represents a total annual volatility of 0.0078 RSD. From a start-to-finish perspective, comparing the January average rate of 0.2381 to the December average rate of 0.2379, the exchange rate registered a net change of -0.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2412 was down 2.35% compared to the 2022 peak of 0.2470, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,206 RSD
2022 Average 1,195 RSD
Yearly Trough Low 1,167 RSD
Transaction Impact: A difference of 38.93 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2384
0.2374
JanuMarcMayJulySeptNove

KMF 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 0.2380, compared to 0.2380 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.2380
H2 Avg (Jul–Dec) 0.2380

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0067 RSD (High: 0.2402 / Low: 0.2334). On the other end, August was the most stable month, with a tight range of 0.0023 RSD (High: 0.2390 / Low: 0.2368).

December Spread (Volatile) ±0.0067
August Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between June and September, 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 February and March, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.2377) against the same month in 2022 (average: 0.2389), the exchange rate shifted by -0.0013 (-0.53%).

2023 Avg (March) 0.2377
2022 Avg (March) 0.2389

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2388 0.2363 0.2381
February 0.2409 0.2362 0.2383
March 0.2412 0.2347 0.2377
April 0.2409 0.2363 0.2381
May 0.2396 0.2368 0.2381
June 0.2392 0.2358 0.2377
July 0.2401 0.2352 0.2380
August 0.2390 0.2368 0.2381
September 0.2403 0.2376 0.2383
October 0.2389 0.2363 0.2380
November 0.2394 0.2338 0.2375
December 0.2402 0.2334 0.2379