YEARLY HIGH
0.0213 FJD
YEARLY LOW
0.0198 FJD
YEARLY AVERAGE
0.0206 FJD

2023 RSD to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 19, valuing the pair at 0.0213. Conversely, the yearly low was recorded on January 5, dropping to 0.0198.

This high-to-low spread represents a total annual volatility of 0.0015 FJD. From a start-to-finish perspective, comparing the January average rate of 0.0200 to the December average rate of 0.0206, the exchange rate registered a net change of 3.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0213 was up 2.17% compared to the 2022 peak of 0.0209, 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 107 FJD
2022 Average 98 FJD
Yearly Trough Low 99 FJD
Transaction Impact: A difference of 7.47 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0211
0.0199
JanuMarcMayJulySeptNove

RSD to FJD 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 0.0204, compared to 0.0208 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0204
H2 Avg (Jul–Dec) 0.0208

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0007 FJD (High: 0.0213 / Low: 0.0206). On the other end, December was the most stable month, with a tight range of 0.0002 FJD (High: 0.0208 / Low: 0.0206).

November Spread (Volatile) ±0.0007
December Spread (Stable) ±0.0002

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 August and September, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.0209) against the same month in 2022 (average: 0.0196), the exchange rate shifted by +0.0013 (+6.57%).

2023 Avg (November) 0.0209
2022 Avg (November) 0.0196

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0203 0.0198 0.0200
February 0.0203 0.0199 0.0200
March 0.0205 0.0200 0.0203
April 0.0211 0.0204 0.0207
May 0.0211 0.0204 0.0206
June 0.0211 0.0204 0.0206
July 0.0212 0.0206 0.0209
August 0.0213 0.0208 0.0210
September 0.0208 0.0204 0.0207
October 0.0208 0.0203 0.0206
November 0.0213 0.0206 0.0209
December 0.0208 0.0206 0.0206