2023 KRW to RSD Historical Review

YEARLY HIGH

0.0882 RSD

YEARLY LOW

0.0789 RSD

YEARLY AVERAGE

0.0830 RSD

2023 KRW to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KRW to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.0882. Conversely, the yearly low was recorded on April 30, dropping to 0.0789.

This high-to-low spread represents a total annual volatility of 0.0093 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0876 to the December average rate of 0.0825, the exchange rate registered a net change of -5.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0882 was down 1.57% compared to the 2022 peak of 0.0896, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 441,151 RSD

2022 Average 432,655 RSD

Yearly Trough Low 394,450 RSD

Transaction Impact: A difference of 46,700.97 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0882

0.0802

JanuMarcMayJulySeptNove

KRW 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 0.0838, compared to 0.0823 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0838

H2 Avg (Jul–Dec) 0.0823

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0042 RSD (High: 0.0857 / Low: 0.0815). On the other end, September was the most stable month, with a tight range of 0.0012 RSD (High: 0.0830 / Low: 0.0818).

June Spread (Volatile) ±0.0042

September Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between April and June, 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 March and April, when the average rate fell by 0.0030 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0876) against the same month in 2022 (average: 0.0868), the exchange rate shifted by +0.0007 (+0.86%).

2023 Avg (January) 0.0876

2022 Avg (January) 0.0868

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0882	0.0865	0.0876
February	0.0879	0.0838	0.0857
March	0.0850	0.0827	0.0839
April	0.0828	0.0789	0.0809
May	0.0829	0.0793	0.0813
June	0.0857	0.0815	0.0835
July	0.0836	0.0816	0.0825
August	0.0827	0.0802	0.0812
September	0.0830	0.0818	0.0824
October	0.0829	0.0816	0.0822
November	0.0840	0.0815	0.0829
December	0.0833	0.0814	0.0825