2018 RSD to ARS Historical Review

YEARLY HIGH

0.4050 ARS

YEARLY LOW

0.1865 ARS

YEARLY AVERAGE

0.2783 ARS

2018 RSD to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the RSD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.4050. Conversely, the yearly low was recorded on January 3, dropping to 0.1865.

This high-to-low spread represents a total annual volatility of 0.2185 ARS. From a start-to-finish perspective, comparing the January average rate of 0.1955 to the December average rate of 0.3636, the exchange rate registered a net change of 85.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.4050 was up 108.34% compared to the 2017 peak of 0.1944, 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 2,025 ARS

2017 Average 775 ARS

Yearly Trough Low 933 ARS

Transaction Impact: A difference of 1,092.58 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.3983

0.1771

JanuMarcMayJulySeptNove

RSD to ARS 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 0.2204, compared to 0.3362 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1158 points.

H1 Avg (Jan–Jun) 0.2204

H2 Avg (Jul–Dec) 0.3362

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.1151 ARS (High: 0.3823 / Low: 0.2672). On the other end, April was the most stable month, with a tight range of 0.0035 ARS (High: 0.2120 / Low: 0.2085).

August Spread (Volatile) ±0.1151

April Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0208 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0208

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 0.3799) against the same month in 2017 (average: 0.1722), the exchange rate shifted by +0.2077 (+120.61%).

2018 Avg (September) 0.3799

2017 Avg (September) 0.1722

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2052	0.1865	0.1955
February	0.2104	0.2029	0.2069
March	0.2144	0.2093	0.2109
April	0.2120	0.2085	0.2102
May	0.2525	0.2116	0.2355
June	0.2861	0.2462	0.2634
July	0.2866	0.2686	0.2736
August	0.3823	0.2672	0.2919
September	0.4050	0.3615	0.3799
October	0.3861	0.3433	0.3591
November	0.3742	0.3389	0.3493
December	0.3702	0.3509	0.3636