2019 RSD to ARS Historical Review

YEARLY HIGH

0.5710 ARS

YEARLY LOW

0.3569 ARS

YEARLY AVERAGE

0.4568 ARS

2019 RSD to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the RSD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.5710. Conversely, the yearly low was recorded on January 26, dropping to 0.3569.

This high-to-low spread represents a total annual volatility of 0.2141 ARS. From a start-to-finish perspective, comparing the January average rate of 0.3605 to the December average rate of 0.5654, the exchange rate registered a net change of 56.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.5710 was up 40.97% compared to the 2018 peak of 0.4050, 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 2,855 ARS

2018 Average 1,393 ARS

Yearly Trough Low 1,785 ARS

Transaction Impact: A difference of 1,070.29 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.5859

0.3400

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 0.3964, compared to 0.5172 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1208 points.

H1 Avg (Jan–Jun) 0.3964

H2 Avg (Jul–Dec) 0.5172

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.1534 ARS (High: 0.5702 / Low: 0.4168). On the other end, November was the most stable month, with a tight range of 0.0092 ARS (High: 0.5673 / Low: 0.5580).

August Spread (Volatile) ±0.1534

November Spread (Stable) ±0.0092

Growth Streaks & Declines

Trends

Between July and December, 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 June and July, when the average rate fell by 0.0147 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0147

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 0.5654) against the same month in 2018 (average: 0.3636), the exchange rate shifted by +0.2017 (+55.48%).

2019 Avg (December) 0.5654

2018 Avg (December) 0.3636

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3686	0.3569	0.3605
February	0.3807	0.3585	0.3682
March	0.4187	0.3817	0.3953
April	0.4338	0.3962	0.4102
May	0.4301	0.4195	0.4254
June	0.4311	0.4086	0.4187
July	0.4156	0.3977	0.4040
August	0.5702	0.4168	0.4921
September	0.5556	0.5185	0.5302
October	0.5659	0.5341	0.5501
November	0.5673	0.5580	0.5612
December	0.5710	0.5590	0.5654