2023 RSD to BTN Historical Review

YEARLY HIGH

0.7923 BTN

YEARLY LOW

0.7333 BTN

YEARLY AVERAGE

0.7616 BTN

2023 RSD to BTN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to BTN exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 0.7923. Conversely, the yearly low was recorded on March 7, dropping to 0.7333.

This high-to-low spread represents a total annual volatility of 0.0590 BTN. From a start-to-finish perspective, comparing the January average rate of 0.7520 to the December average rate of 0.7763, the exchange rate registered a net change of 3.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.7923 was up 5.00% compared to the 2022 peak of 0.7546, 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 3,962 BTN

2022 Average 3,521 BTN

Yearly Trough Low 3,667 BTN

Transaction Impact: A difference of 295.06 BTN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.7791

0.7465

JanuMarcMayJulySeptNove

RSD to BTN 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 0.7575, compared to 0.7656 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0081 points.

H1 Avg (Jan–Jun) 0.7575

H2 Avg (Jul–Dec) 0.7656

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0335 BTN (High: 0.7923 / Low: 0.7589). On the other end, October was the most stable month, with a tight range of 0.0141 BTN (High: 0.7571 / Low: 0.7430).

July Spread (Volatile) ±0.0335

October Spread (Stable) ±0.0141

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 0.0147 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0147

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.7745) against the same month in 2022 (average: 0.6907), the exchange rate shifted by +0.0838 (+12.13%).

2023 Avg (July) 0.7745

2022 Avg (July) 0.6907

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7592	0.7419	0.7520
February	0.7689	0.7435	0.7533
March	0.7654	0.7333	0.7510
April	0.7731	0.7576	0.7661
May	0.7716	0.7541	0.7625
June	0.7683	0.7526	0.7602
July	0.7923	0.7589	0.7745
August	0.7777	0.7598	0.7704
September	0.7614	0.7460	0.7556
October	0.7571	0.7430	0.7492
November	0.7814	0.7524	0.7678
December	0.7902	0.7660	0.7763