YEARLY HIGH
0.0173 AWG
YEARLY LOW
0.0161 AWG
YEARLY AVERAGE
0.0166 AWG

2023 RSD to AWG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to AWG exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.0173. Conversely, the yearly low was recorded on October 2, dropping to 0.0161.

This high-to-low spread represents a total annual volatility of 0.0012 AWG. From a start-to-finish perspective, comparing the January average rate of 0.0166 to the December average rate of 0.0168, the exchange rate registered a net change of 1.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0173 was down 1.42% compared to the 2022 peak of 0.0175, 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 86 AWG
2022 Average 81 AWG
Yearly Trough Low 80 AWG
Transaction Impact: A difference of 6.02 AWG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0171
0.0162
JanuMarcMayJulySeptNove

RSD to AWG 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 0.0166, compared to 0.0166 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0166
H2 Avg (Jul–Dec) 0.0166

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0007 AWG (High: 0.0169 / Low: 0.0162). On the other end, October was the most stable month, with a tight range of 0.0003 AWG (High: 0.0164 / Low: 0.0161).

February Spread (Volatile) ±0.0007
October Spread (Stable) ±0.0003

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 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0170) against the same month in 2022 (average: 0.0156), the exchange rate shifted by +0.0014 (+8.97%).

2023 Avg (July) 0.0170
2022 Avg (July) 0.0156

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0168 0.0162 0.0166
February 0.0169 0.0162 0.0164
March 0.0168 0.0162 0.0165
April 0.0171 0.0166 0.0169
May 0.0170 0.0164 0.0167
June 0.0169 0.0164 0.0167
July 0.0173 0.0167 0.0170
August 0.0169 0.0166 0.0168
September 0.0166 0.0161 0.0164
October 0.0164 0.0161 0.0162
November 0.0169 0.0163 0.0166
December 0.0171 0.0165 0.0168