2023 RSD to CAD Historical Review

YEARLY HIGH

0.0129 CAD

YEARLY LOW

0.0121 CAD

YEARLY AVERAGE

0.0125 CAD

2023 RSD to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 3, valuing the pair at 0.0129. Conversely, the yearly low was recorded on September 27, dropping to 0.0121.

This high-to-low spread represents a total annual volatility of 0.0008 CAD. From a start-to-finish perspective, comparing the January average rate of 0.0123 to the December average rate of 0.0125, the exchange rate registered a net change of 1.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0129 was up 3.54% compared to the 2022 peak of 0.0124, 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 64 CAD

2022 Average 58 CAD

Yearly Trough Low 60 CAD

Transaction Impact: A difference of 3.86 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0127

0.0122

JanuMarcMayJulySeptNove

RSD to CAD 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 0.0124, compared to 0.0125 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) 0.0124

H2 Avg (Jul–Dec) 0.0125

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0005 CAD (High: 0.0129 / Low: 0.0124). On the other end, June was the most stable month, with a tight range of 0.0001 CAD (High: 0.0123 / Low: 0.0122).

May Spread (Volatile) ±0.0005

June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between February and April, 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 May and June, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.0125) against the same month in 2022 (average: 0.0116), the exchange rate shifted by +0.0010 (+8.45%).

2023 Avg (May) 0.0125

2022 Avg (May) 0.0116

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0124	0.0122	0.0123
February	0.0125	0.0122	0.0123
March	0.0127	0.0123	0.0125
April	0.0128	0.0125	0.0126
May	0.0129	0.0124	0.0125
June	0.0123	0.0122	0.0123
July	0.0127	0.0123	0.0125
August	0.0126	0.0125	0.0125
September	0.0125	0.0121	0.0123
October	0.0125	0.0122	0.0124
November	0.0128	0.0125	0.0127
December	0.0126	0.0124	0.0125