2019 PEN to RSD Historical Review

YEARLY HIGH

32.2663 RSD

YEARLY LOW

30.4042 RSD

YEARLY AVERAGE

31.5477 RSD

2019 PEN to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the PEN to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 32.2663. Conversely, the yearly low was recorded on January 2, dropping to 30.4042.

This high-to-low spread represents a total annual volatility of 1.8621 RSD. From a start-to-finish perspective, comparing the January average rate of 31.0083 to the December average rate of 31.5582, the exchange rate registered a net change of 1.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 32.2663 was up 2.09% compared to the 2018 peak of 31.6062, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 161,331 RSD

2018 Average 152,444 RSD

Yearly Trough Low 152,021 RSD

Transaction Impact: A difference of 9,310.32 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

31.9862

30.9195

JanuMarcMayJulySeptNove

PEN 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 31.4610, compared to 31.6343 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1733 points.

H1 Avg (Jan–Jun) 31.4610

H2 Avg (Jul–Dec) 31.6343

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 1.1127 RSD (High: 32.0625 / Low: 30.9498). On the other end, April was the most stable month, with a tight range of 0.2524 RSD (High: 31.8930 / Low: 31.6406).

August Spread (Volatile) ±1.1127

April Spread (Stable) ±0.2524

Growth Streaks & Declines

Trends

Between January and April, 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 0.5619 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.5619

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2019: 31.8973) against the same month in 2018 (average: 30.8149), the exchange rate shifted by +1.0824 (+3.51%).

2019 Avg (July) 31.8973

2018 Avg (July) 30.8149

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31.3901	30.4042	31.0083
February	31.5510	31.0756	31.3521
March	31.8725	31.3373	31.5954
April	31.8930	31.6406	31.7890
May	31.8405	31.3046	31.6533
June	31.5549	31.0418	31.3681
July	32.2663	31.6576	31.8973
August	32.0625	30.9498	31.3354
September	32.0798	31.4374	31.8064
October	31.7837	31.4721	31.6482
November	31.8309	31.3715	31.5603
December	32.0060	31.0142	31.5582