YEARLY HIGH
0.0193 BZD
YEARLY LOW
0.0180 BZD
YEARLY AVERAGE
0.0186 BZD

2023 RSD to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.0193. Conversely, the yearly low was recorded on October 3, dropping to 0.0180.

This high-to-low spread represents a total annual volatility of 0.0013 BZD. From a start-to-finish perspective, comparing the January average rate of 0.0185 to the December average rate of 0.0188, the exchange rate registered a net change of 1.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0193 was down 1.60% compared to the 2022 peak of 0.0196, 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 97 BZD
2022 Average 90 BZD
Yearly Trough Low 90 BZD
Transaction Impact: A difference of 6.63 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0191
0.0181
JanuMarcMayJulySeptNove

RSD to BZD 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 0.0186, compared to 0.0186 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) 0.0186
H2 Avg (Jul–Dec) 0.0186

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0008 BZD (High: 0.0189 / Low: 0.0181). On the other end, October was the most stable month, with a tight range of 0.0004 BZD (High: 0.0184 / Low: 0.0180).

February Spread (Volatile) ±0.0008
October Spread (Stable) ±0.0004

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 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0190) against the same month in 2022 (average: 0.0175), the exchange rate shifted by +0.0015 (+8.48%).

2023 Avg (July) 0.0190
2022 Avg (July) 0.0175

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0188 0.0181 0.0185
February 0.0189 0.0181 0.0184
March 0.0187 0.0181 0.0184
April 0.0190 0.0186 0.0188
May 0.0190 0.0184 0.0187
June 0.0189 0.0184 0.0186
July 0.0193 0.0187 0.0190
August 0.0189 0.0186 0.0188
September 0.0186 0.0181 0.0183
October 0.0184 0.0180 0.0181
November 0.0189 0.0182 0.0186
December 0.0191 0.0185 0.0188