2019 RSD to CVE Historical Review

YEARLY HIGH

0.9488 CVE

YEARLY LOW

0.9282 CVE

YEARLY AVERAGE

0.9387 CVE

2019 RSD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the RSD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.9488. Conversely, the yearly low was recorded on January 7, dropping to 0.9282.

This high-to-low spread represents a total annual volatility of 0.0206 CVE. From a start-to-finish perspective, comparing the January average rate of 0.9340 to the December average rate of 0.9429, the exchange rate registered a net change of 0.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.9488 was up 0.23% compared to the 2018 peak of 0.9467, 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 4,744 CVE

2018 Average 4,676 CVE

Yearly Trough Low 4,641 CVE

Transaction Impact: A difference of 103.16 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.9438

0.9331

JanuMarcMayJulySeptNove

RSD to CVE 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 0.9369, compared to 0.9404 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 0.9369

H2 Avg (Jul–Dec) 0.9404

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0180 CVE (High: 0.9488 / Low: 0.9309). On the other end, July was the most stable month, with a tight range of 0.0082 CVE (High: 0.9406 / Low: 0.9325).

August Spread (Volatile) ±0.0180

July Spread (Stable) ±0.0082

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0025 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.9379) against the same month in 2018 (average: 0.9359), the exchange rate shifted by +0.0020 (+0.21%).

2019 Avg (August) 0.9379

2018 Avg (August) 0.9359

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9424	0.9282	0.9340
February	0.9404	0.9302	0.9350
March	0.9428	0.9292	0.9367
April	0.9415	0.9318	0.9378
May	0.9426	0.9342	0.9382
June	0.9451	0.9341	0.9399
July	0.9406	0.9325	0.9374
August	0.9488	0.9309	0.9379
September	0.9469	0.9358	0.9400
October	0.9485	0.9383	0.9420
November	0.9471	0.9383	0.9422
December	0.9486	0.9393	0.9429