2023 RSD to BOB Historical Review

YEARLY HIGH

0.0662 BOB

YEARLY LOW

0.0617 BOB

YEARLY AVERAGE

0.0637 BOB

2023 RSD to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.0662. Conversely, the yearly low was recorded on October 3, dropping to 0.0617.

This high-to-low spread represents a total annual volatility of 0.0045 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0635 to the December average rate of 0.0645, the exchange rate registered a net change of 1.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0662 was down 1.35% compared to the 2022 peak of 0.0672, 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 331 BOB

2022 Average 309 BOB

Yearly Trough Low 309 BOB

Transaction Impact: A difference of 22.71 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0654

0.0619

JanuMarcMayJulySeptNove

RSD to BOB 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 0.0637, compared to 0.0638 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0637

H2 Avg (Jul–Dec) 0.0638

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0027 BOB (High: 0.0648 / Low: 0.0621). On the other end, October was the most stable month, with a tight range of 0.0012 BOB (High: 0.0629 / Low: 0.0617).

February Spread (Volatile) ±0.0027

October Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between October and December, 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 0.0014 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0651) against the same month in 2022 (average: 0.0597), the exchange rate shifted by +0.0054 (+9.03%).

2023 Avg (July) 0.0651

2022 Avg (July) 0.0597

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0643	0.0620	0.0635
February	0.0648	0.0621	0.0630
March	0.0642	0.0621	0.0630
April	0.0655	0.0637	0.0646
May	0.0653	0.0630	0.0640
June	0.0648	0.0630	0.0639
July	0.0662	0.0639	0.0651
August	0.0649	0.0636	0.0643
September	0.0636	0.0620	0.0629
October	0.0629	0.0617	0.0622
November	0.0648	0.0624	0.0637
December	0.0656	0.0635	0.0645