2023 RSD to BGN Historical Review

YEARLY HIGH

0.0168 BGN

YEARLY LOW

0.0165 BGN

YEARLY AVERAGE

0.0167 BGN

2023 RSD to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.0168. Conversely, the yearly low was recorded on November 14, dropping to 0.0165.

This high-to-low spread represents a total annual volatility of 0.0004 BGN. 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 0.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0168 was up 0.12% compared to the 2022 peak of 0.0168, 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 84 BGN

2022 Average 83 BGN

Yearly Trough Low 82 BGN

Transaction Impact: A difference of 1.92 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0167

JanuMarcMayJulySeptNove

RSD to BGN 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 second half (Jul–Dec) 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 November, with a trading range of 0.0003 BGN (High: 0.0167 / Low: 0.0165). On the other end, September was the most stable month, with a tight range of 0.0001 BGN (High: 0.0167 / Low: 0.0166).

November Spread (Volatile) ±0.0003

September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0167) against the same month in 2022 (average: 0.0166), the exchange rate shifted by +0.0000 (+0.28%).

2023 Avg (February) 0.0167

2022 Avg (February) 0.0166

Monthly Breakdown

Statistical summary for each calendar month.

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