2023 LRD to RSD Historical Review

YEARLY HIGH

0.7235 RSD

YEARLY LOW

0.5597 RSD

YEARLY AVERAGE

0.6245 RSD

2023 LRD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the LRD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.7235. Conversely, the yearly low was recorded on December 27, dropping to 0.5597.

This high-to-low spread represents a total annual volatility of 0.1637 RSD. From a start-to-finish perspective, comparing the January average rate of 0.7004 to the December average rate of 0.5702, the exchange rate registered a net change of -18.58% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7235 was down 9.20% compared to the 2022 peak of 0.7968, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,617 RSD

2022 Average 3,653 RSD

Yearly Trough Low 2,799 RSD

Transaction Impact: A difference of 818.74 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7139

0.5572

JanuMarcMayJulySeptNove

LRD 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 0.6682, compared to 0.5808 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0874 points.

H1 Avg (Jan–Jun) 0.6682

H2 Avg (Jul–Dec) 0.5808

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0500 RSD (High: 0.6460 / Low: 0.5960). On the other end, October was the most stable month, with a tight range of 0.0129 RSD (High: 0.6001 / Low: 0.5872).

June Spread (Volatile) ±0.0500

October Spread (Stable) ±0.0129

Growth Streaks & Declines

Trends

Between August and October, 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 June and July, when the average rate fell by 0.0423 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0423

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.7008) against the same month in 2022 (average: 0.6745), the exchange rate shifted by +0.0263 (+3.91%).

2023 Avg (February) 0.7008

2022 Avg (February) 0.6745

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7219	0.6869	0.7004
February	0.7235	0.6795	0.7008
March	0.7090	0.6631	0.6866
April	0.6667	0.6388	0.6554
May	0.6520	0.6380	0.6463
June	0.6460	0.5960	0.6195
July	0.5965	0.5650	0.5772
August	0.5840	0.5706	0.5770
September	0.5982	0.5843	0.5895
October	0.6001	0.5872	0.5939
November	0.5904	0.5668	0.5770
December	0.5790	0.5597	0.5702