2019 NPR to RSD Historical Review

YEARLY HIGH

0.9659 RSD

YEARLY LOW

0.9027 RSD

YEARLY AVERAGE

0.9349 RSD

2019 NPR to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NPR to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 0.9659. Conversely, the yearly low was recorded on February 4, dropping to 0.9027.

This high-to-low spread represents a total annual volatility of 0.0632 RSD. From a start-to-finish perspective, comparing the January average rate of 0.9174 to the December average rate of 0.9288, the exchange rate registered a net change of 1.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.9659 was down 1.13% compared to the 2018 peak of 0.9769, 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 4,829 RSD

2018 Average 4,584 RSD

Yearly Trough Low 4,514 RSD

Transaction Impact: A difference of 315.76 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.9589

0.9114

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 0.9333, compared to 0.9365 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.9333

H2 Avg (Jul–Dec) 0.9365

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0421 RSD (High: 0.9615 / Low: 0.9195). On the other end, November was the most stable month, with a tight range of 0.0147 RSD (High: 0.9377 / Low: 0.9230).

August Spread (Volatile) ±0.0421

November Spread (Stable) ±0.0147

Growth Streaks & Declines

Trends

Between February and May, 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 July and August, when the average rate fell by 0.0217 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0217

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2019: 0.9549) against the same month in 2018 (average: 0.9187), the exchange rate shifted by +0.0362 (+3.94%).

2019 Avg (July) 0.9549

2018 Avg (July) 0.9187

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9343	0.9055	0.9174
February	0.9274	0.9027	0.9154
March	0.9505	0.9160	0.9394
April	0.9538	0.9387	0.9443
May	0.9510	0.9309	0.9444
June	0.9471	0.9316	0.9390
July	0.9659	0.9413	0.9549
August	0.9615	0.9195	0.9332
September	0.9509	0.9231	0.9367
October	0.9490	0.9244	0.9353
November	0.9377	0.9230	0.9302
December	0.9343	0.9164	0.9288