2023 KZT to RSD Historical Review

YEARLY HIGH

0.2555 RSD

YEARLY LOW

0.2299 RSD

YEARLY AVERAGE

0.2376 RSD

2023 KZT to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the KZT to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 5, valuing the pair at 0.2555. Conversely, the yearly low was recorded on October 23, dropping to 0.2299.

This high-to-low spread represents a total annual volatility of 0.0255 RSD. From a start-to-finish perspective, comparing the January average rate of 0.2352 to the December average rate of 0.2338, the exchange rate registered a net change of -0.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2555 was down 3.57% compared to the 2022 peak of 0.2649, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,277 RSD

2022 Average 1,211 RSD

Yearly Trough Low 1,150 RSD

Transaction Impact: A difference of 127.61 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2439

0.2320

JanuMarcMayJulySeptNove

KZT 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 0.2401, compared to 0.2351 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0050 points.

H1 Avg (Jan–Jun) 0.2401

H2 Avg (Jul–Dec) 0.2351

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0231 RSD (High: 0.2555 / Low: 0.2323). On the other end, November was the most stable month, with a tight range of 0.0052 RSD (High: 0.2369 / Low: 0.2317).

March Spread (Volatile) ±0.0231

November Spread (Stable) ±0.0052

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0060 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.2428) against the same month in 2022 (average: 0.2123), the exchange rate shifted by +0.0305 (+14.34%).

2023 Avg (March) 0.2428

2022 Avg (March) 0.2123

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2404	0.2330	0.2352
February	0.2492	0.2315	0.2429
March	0.2555	0.2323	0.2428
April	0.2426	0.2329	0.2368
May	0.2463	0.2361	0.2419
June	0.2458	0.2364	0.2410
July	0.2424	0.2344	0.2382
August	0.2407	0.2315	0.2373
September	0.2377	0.2306	0.2345
October	0.2363	0.2299	0.2330
November	0.2369	0.2317	0.2340
December	0.2374	0.2312	0.2338