2018 NPR to RSD Historical Review

YEARLY HIGH

0.9769 RSD

YEARLY LOW

0.8607 RSD

YEARLY AVERAGE

0.9168 RSD

2018 NPR to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NPR to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.9769. Conversely, the yearly low was recorded on October 11, dropping to 0.8607.

This high-to-low spread represents a total annual volatility of 0.1162 RSD. From a start-to-finish perspective, comparing the January average rate of 0.9551 to the December average rate of 0.9198, the exchange rate registered a net change of -3.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.9769 was down 13.93% compared to the 2017 peak of 1.1350, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,884 RSD

2017 Average 5,166 RSD

Yearly Trough Low 4,303 RSD

Transaction Impact: A difference of 581.12 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.9630

0.8675

JanuMarcMayJulySeptNove

NPR 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 0.9303, compared to 0.9033 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0270 points.

H1 Avg (Jan–Jun) 0.9303

H2 Avg (Jul–Dec) 0.9033

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0543 RSD (High: 0.9365 / Low: 0.8823). On the other end, March was the most stable month, with a tight range of 0.0119 RSD (High: 0.9270 / Low: 0.9151).

November Spread (Volatile) ±0.0543

March Spread (Stable) ±0.0119

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 August and September, when the average rate fell by 0.0390 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0390

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.9551) against the same month in 2017 (average: 1.0689), the exchange rate shifted by -0.1138 (-10.65%).

2018 Avg (January) 0.9551

2017 Avg (January) 1.0689

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9769	0.9396	0.9551
February	0.9419	0.9205	0.9304
March	0.9270	0.9151	0.9213
April	0.9286	0.9076	0.9166
May	0.9422	0.9160	0.9259
June	0.9437	0.9218	0.9328
July	0.9247	0.9113	0.9187
August	0.9386	0.8939	0.9197
September	0.8978	0.8651	0.8807
October	0.8889	0.8607	0.8755
November	0.9365	0.8823	0.9054
December	0.9329	0.9031	0.9198