2023 RSD to BAM Historical Review

YEARLY HIGH

0.0169 BAM

YEARLY LOW

0.0165 BAM

YEARLY AVERAGE

0.0167 BAM

2023 RSD to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.0169. Conversely, the yearly low was recorded on July 27, dropping to 0.0165.

This high-to-low spread represents a total annual volatility of 0.0005 BAM. From a start-to-finish perspective, comparing the January average rate of 0.0167 to the December average rate of 0.0167, the exchange rate registered a net change of -0.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0169 was down 0.89% compared to the 2022 peak of 0.0171, 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 85 BAM

2022 Average 83 BAM

Yearly Trough Low 82 BAM

Transaction Impact: A difference of 2.41 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0167

0.0166

JanuMarcMayJulySeptNove

RSD to BAM 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 0.0167, compared to 0.0167 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0167

H2 Avg (Jul–Dec) 0.0167

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0004 BAM (High: 0.0169 / Low: 0.0165). On the other end, April was the most stable month, with a tight range of 0.0002 BAM (High: 0.0168 / Low: 0.0166).

July Spread (Volatile) ±0.0004

April Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between September and November, 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 January and February, when the average rate fell by 0.0001 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0167) against the same month in 2022 (average: 0.0166), the exchange rate shifted by +0.0001 (+0.39%).

2023 Avg (January) 0.0167

2022 Avg (January) 0.0166

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0169	0.0165	0.0167
February	0.0168	0.0165	0.0167
March	0.0168	0.0165	0.0167
April	0.0168	0.0166	0.0167
May	0.0168	0.0165	0.0167
June	0.0169	0.0166	0.0167
July	0.0169	0.0165	0.0167
August	0.0168	0.0166	0.0167
September	0.0167	0.0165	0.0166
October	0.0168	0.0165	0.0167
November	0.0168	0.0166	0.0167
December	0.0168	0.0166	0.0167