2023 RSD to AED Historical Review

YEARLY HIGH

0.0352 AED

YEARLY LOW

0.0328 AED

YEARLY AVERAGE

0.0339 AED

2023 RSD to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.0352. Conversely, the yearly low was recorded on October 3, dropping to 0.0328.

This high-to-low spread represents a total annual volatility of 0.0024 AED. From a start-to-finish perspective, comparing the January average rate of 0.0338 to the December average rate of 0.0342, the exchange rate registered a net change of 1.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0352 was down 1.53% compared to the 2022 peak of 0.0358, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 176 AED

2022 Average 165 AED

Yearly Trough Low 164 AED

Transaction Impact: A difference of 12.20 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0348

0.0329

JanuMarcMayJulySeptNove

RSD to AED 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 0.0339, compared to 0.0339 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0339

H2 Avg (Jul–Dec) 0.0339

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0014 AED (High: 0.0345 / Low: 0.0330). On the other end, October was the most stable month, with a tight range of 0.0007 AED (High: 0.0334 / Low: 0.0328).

February Spread (Volatile) ±0.0014

October Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between February and April, 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 0.0007 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0346) against the same month in 2022 (average: 0.0319), the exchange rate shifted by +0.0027 (+8.58%).

2023 Avg (July) 0.0346

2022 Avg (July) 0.0319

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0342	0.0329	0.0338
February	0.0345	0.0330	0.0335
March	0.0341	0.0330	0.0335
April	0.0348	0.0339	0.0344
May	0.0347	0.0335	0.0340
June	0.0344	0.0335	0.0340
July	0.0352	0.0340	0.0346
August	0.0345	0.0338	0.0342
September	0.0338	0.0329	0.0334
October	0.0334	0.0328	0.0331
November	0.0345	0.0332	0.0339
December	0.0348	0.0337	0.0342