YEARLY HIGH
0.0086 CHF
YEARLY LOW
0.0079 CHF
YEARLY AVERAGE
0.0083 CHF

2023 RSD to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 0.0086. Conversely, the yearly low was recorded on December 30, dropping to 0.0079.

This high-to-low spread represents a total annual volatility of 0.0007 CHF. From a start-to-finish perspective, comparing the January average rate of 0.0085 to the December average rate of 0.0080, the exchange rate registered a net change of -5.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0086 was down 4.80% compared to the 2022 peak of 0.0090, 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 43 CHF
2022 Average 43 CHF
Yearly Trough Low 40 CHF
Transaction Impact: A difference of 3.32 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0085
0.0080
JanuMarcMayJulySeptNove

RSD to CHF 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 0.0084, compared to 0.0082 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0084
H2 Avg (Jul–Dec) 0.0082

Volatility Range Comparison

Volatility

The most volatile month in 2023 was December, with a trading range of 0.0002 CHF (High: 0.0081 / Low: 0.0079). On the other end, August was the most stable month, with a tight range of 0.0001 CHF (High: 0.0082 / Low: 0.0081).

December Spread (Volatile) ±0.0002
August Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0002 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0085) against the same month in 2022 (average: 0.0088), the exchange rate shifted by -0.0004 (-4.01%).

2023 Avg (January) 0.0085
2022 Avg (January) 0.0088

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0086 0.0084 0.0085
February 0.0085 0.0084 0.0085
March 0.0086 0.0083 0.0085
April 0.0085 0.0083 0.0084
May 0.0084 0.0083 0.0083
June 0.0084 0.0083 0.0083
July 0.0083 0.0081 0.0082
August 0.0082 0.0081 0.0082
September 0.0083 0.0081 0.0082
October 0.0083 0.0081 0.0081
November 0.0083 0.0081 0.0082
December 0.0081 0.0079 0.0080