2023 KPW to RSD Historical Review

YEARLY HIGH

0.1245 RSD

YEARLY LOW

0.1159 RSD

YEARLY AVERAGE

0.1205 RSD

2023 KPW to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KPW to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.1245. Conversely, the yearly low was recorded on July 17, dropping to 0.1159.

This high-to-low spread represents a total annual volatility of 0.0086 RSD. From a start-to-finish perspective, comparing the January average rate of 0.1209 to the December average rate of 0.1193, the exchange rate registered a net change of -1.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1245 was down 8.40% compared to the 2022 peak of 0.1359, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 622 RSD

2022 Average 621 RSD

Yearly Trough Low 579 RSD

Transaction Impact: A difference of 43.11 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1239

0.1172

JanuMarcMayJulySeptNove

KPW 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 0.1205, compared to 0.1204 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.1205

H2 Avg (Jul–Dec) 0.1204

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0052 RSD (High: 0.1236 / Low: 0.1185). On the other end, August was the most stable month, with a tight range of 0.0024 RSD (High: 0.1207 / Low: 0.1183).

February Spread (Volatile) ±0.0052

August Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 0.0029 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1233) against the same month in 2022 (average: 0.1325), the exchange rate shifted by -0.0092 (-6.94%).

2023 Avg (October) 0.1233

2022 Avg (October) 0.1325

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1239	0.1194	0.1209
February	0.1236	0.1185	0.1218
March	0.1236	0.1195	0.1216
April	0.1202	0.1173	0.1188
May	0.1218	0.1176	0.1199
June	0.1218	0.1186	0.1201
July	0.1200	0.1159	0.1178
August	0.1207	0.1183	0.1194
September	0.1241	0.1207	0.1221
October	0.1245	0.1220	0.1233
November	0.1230	0.1184	0.1204
December	0.1210	0.1172	0.1193