2023 LBP to RSD Historical Review

YEARLY HIGH

0.0733 RSD

YEARLY LOW

0.0069 RSD

YEARLY AVERAGE

0.0135 RSD

2023 LBP to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LBP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0733. Conversely, the yearly low was recorded on July 18, dropping to 0.0069.

This high-to-low spread represents a total annual volatility of 0.0664 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0718 to the December average rate of 0.0071, the exchange rate registered a net change of -90.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0733 was down 8.73% compared to the 2022 peak of 0.0803, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 366 RSD

2022 Average 368 RSD

Yearly Trough Low 35 RSD

Transaction Impact: A difference of 331.89 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0783

0.0006

JanuMarcMayJulySeptNove

LBP 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 0.0199, compared to 0.0072 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0127 points.

H1 Avg (Jan–Jun) 0.0199

H2 Avg (Jul–Dec) 0.0072

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0649 RSD (High: 0.0720 / Low: 0.0071). On the other end, October was the most stable month, with a tight range of 0.0001 RSD (High: 0.0075 / Low: 0.0073).

February Spread (Volatile) ±0.0649

October Spread (Stable) ±0.0001

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 January and February, when the average rate fell by 0.0531 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0531

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0718) against the same month in 2022 (average: 0.0687), the exchange rate shifted by +0.0031 (+4.49%).

2023 Avg (January) 0.0718

2022 Avg (January) 0.0687

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0733	0.0708	0.0718
February	0.0720	0.0071	0.0187
March	0.0074	0.0071	0.0073
April	0.0072	0.0070	0.0071
May	0.0073	0.0070	0.0072
June	0.0073	0.0070	0.0072
July	0.0072	0.0069	0.0070
August	0.0072	0.0070	0.0071
September	0.0074	0.0072	0.0073
October	0.0075	0.0073	0.0074
November	0.0074	0.0071	0.0072
December	0.0072	0.0070	0.0071