2019 RSD to BIF Historical Review

YEARLY HIGH

17.9537 BIF

YEARLY LOW

17.1386 BIF

YEARLY AVERAGE

17.4995 BIF

2019 RSD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the RSD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 17.9537. Conversely, the yearly low was recorded on October 1, dropping to 17.1386.

This high-to-low spread represents a total annual volatility of 0.8151 BIF. From a start-to-finish perspective, comparing the January average rate of 17.4137 to the December average rate of 17.7486, the exchange rate registered a net change of 1.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 17.9537 was down 3.56% compared to the 2018 peak of 18.6171, 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 89,768 BIF

2018 Average 88,766 BIF

Yearly Trough Low 85,693 BIF

Transaction Impact: A difference of 4,075.66 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

17.7877

17.3185

JanuMarcMayJulySeptNove

RSD to BIF 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 17.4674, compared to 17.5316 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0642 points.

H1 Avg (Jan–Jun) 17.4674

H2 Avg (Jul–Dec) 17.5316

Volatility Range Comparison

Volatility

The most volatile month in 2019 was October, with a trading range of 0.6004 BIF (High: 17.7389 / Low: 17.1386). On the other end, May was the most stable month, with a tight range of 0.2036 BIF (High: 17.5654 / Low: 17.3618).

October Spread (Volatile) ±0.6004

May Spread (Stable) ±0.2036

Growth Streaks & Declines

Trends

Between January and April, 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 July and August, when the average rate fell by 0.1274 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1274

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 17.7486) against the same month in 2018 (average: 17.3874), the exchange rate shifted by +0.3612 (+2.08%).

2019 Avg (December) 17.7486

2018 Avg (December) 17.3874

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.5881	17.1958	17.4137
February	17.6439	17.2294	17.4170
March	17.6380	17.2049	17.4297
April	17.5623	17.2866	17.4465
May	17.5654	17.3618	17.4284
June	17.8719	17.3820	17.6690
July	17.6730	17.3435	17.5565
August	17.6159	17.2504	17.4291
September	17.4842	17.2035	17.3576
October	17.7389	17.1386	17.4867
November	17.7538	17.5241	17.6111
December	17.9537	17.5370	17.7486