2023 RSD to EUR Historical Review

YEARLY HIGH

0.0086 EUR

YEARLY LOW

0.0084 EUR

YEARLY AVERAGE

0.0085 EUR

2023 RSD to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.0086. Conversely, the yearly low was recorded on May 6, dropping to 0.0084.

This high-to-low spread represents a total annual volatility of 0.0002 EUR. From a start-to-finish perspective, comparing the January average rate of 0.0085 to the December average rate of 0.0085, the exchange rate registered a net change of 0.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0086 was up 0.17% compared to the 2022 peak of 0.0086, 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 EUR

2022 Average 43 EUR

Yearly Trough Low 42 EUR

Transaction Impact: A difference of 1.11 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0085

JanuMarcMayJulySeptNove

RSD to EUR 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 0.0085, compared to 0.0085 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) 0.0085

H2 Avg (Jul–Dec) 0.0085

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0002 EUR (High: 0.0086 / Low: 0.0084). On the other end, August was the most stable month, with a tight range of 0.0000 EUR (High: 0.0085 / Low: 0.0085).

May Spread (Volatile) ±0.0002

August Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2023: 0.0085) against the same month in 2022 (average: 0.0085), the exchange rate shifted by +0.0000 (+0.32%).

2023 Avg (March) 0.0085

2022 Avg (March) 0.0085

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0085	0.0085	0.0085
February	0.0085	0.0085	0.0085
March	0.0086	0.0085	0.0085
April	0.0086	0.0084	0.0085
May	0.0086	0.0084	0.0085
June	0.0085	0.0085	0.0085
July	0.0085	0.0085	0.0085
August	0.0085	0.0085	0.0085
September	0.0085	0.0085	0.0085
October	0.0086	0.0085	0.0085
November	0.0086	0.0084	0.0085
December	0.0085	0.0085	0.0085