YEARLY HIGH
0.0155 RSD
YEARLY LOW
0.0143 RSD
YEARLY AVERAGE
0.0149 RSD

2023 PYG to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the PYG to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.0155. Conversely, the yearly low was recorded on November 28, dropping to 0.0143.

This high-to-low spread represents a total annual volatility of 0.0012 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0148 to the December average rate of 0.0146, the exchange rate registered a net change of -1.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0155 was down 11.02% compared to the 2022 peak of 0.0174, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 77 RSD
2022 Average 80 RSD
Yearly Trough Low 72 RSD
Transaction Impact: A difference of 5.82 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0153
0.0145
JanuMarcMayJulySeptNove

PYG 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 0.0150, compared to 0.0148 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0150
H2 Avg (Jul–Dec) 0.0148

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0007 RSD (High: 0.0152 / Low: 0.0145). On the other end, August was the most stable month, with a tight range of 0.0003 RSD (High: 0.0149 / Low: 0.0146).

January Spread (Volatile) ±0.0007
August Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and March, 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 October and November, when the average rate fell by 0.0005 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0152) against the same month in 2022 (average: 0.0153), the exchange rate shifted by -0.0001 (-0.72%).

2023 Avg (March) 0.0152
2022 Avg (March) 0.0153

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0152 0.0145 0.0148
February 0.0152 0.0145 0.0150
March 0.0155 0.0150 0.0152
April 0.0152 0.0146 0.0149
May 0.0152 0.0147 0.0150
June 0.0152 0.0147 0.0149
July 0.0149 0.0143 0.0146
August 0.0149 0.0146 0.0148
September 0.0153 0.0149 0.0151
October 0.0154 0.0148 0.0151
November 0.0148 0.0143 0.0146
December 0.0148 0.0144 0.0146