YEARLY HIGH
31.3863 RSD
YEARLY LOW
29.3105 RSD
YEARLY AVERAGE
30.4762 RSD

2018 PGK to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PGK to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 31.3863. Conversely, the yearly low was recorded on April 16, dropping to 29.3105.

This high-to-low spread represents a total annual volatility of 2.0758 RSD. From a start-to-finish perspective, comparing the January average rate of 30.1690 to the December average rate of 30.8796, the exchange rate registered a net change of 2.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 31.3863 was down 15.94% compared to the 2017 peak of 37.3383, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 156,932 RSD
2017 Average 168,774 RSD
Yearly Trough Low 146,552 RSD
Transaction Impact: A difference of 10,379.15 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

31.1277
29.5328
JanuMarcMayJulySeptNove

PGK 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 30.1464, compared to 30.8059 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6596 points.

H1 Avg (Jan–Jun) 30.1464
H2 Avg (Jul–Dec) 30.8059

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 1.3812 RSD (High: 31.3723 / Low: 29.9911). On the other end, July was the most stable month, with a tight range of 0.4232 RSD (High: 30.9256 / Low: 30.5024).

May Spread (Volatile) ±1.3812
July Spread (Stable) ±0.4232

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 January and February, when the average rate fell by 0.3791 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3791

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 30.9265) against the same month in 2017 (average: 31.7851), the exchange rate shifted by -0.8586 (-2.70%).

2018 Avg (August) 30.9265
2017 Avg (August) 31.7851

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 30.7741 29.7067 30.1690
February 30.2788 29.4134 29.7900
March 29.9906 29.4433 29.7325
April 30.0343 29.3105 29.6657
May 31.3723 29.9911 30.6156
June 31.3193 30.5489 30.9056
July 30.9256 30.5024 30.7042
August 31.3863 30.4695 30.9265
September 30.9523 30.1765 30.5541
October 31.1774 30.4278 30.7765
November 31.1955 30.6572 30.9948
December 31.2885 30.4511 30.8796