YEARLY HIGH
0.0077 GBP
YEARLY LOW
0.0073 GBP
YEARLY AVERAGE
0.0074 GBP

2023 RSD to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.0077. Conversely, the yearly low was recorded on August 22, dropping to 0.0073.

This high-to-low spread represents a total annual volatility of 0.0004 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0075 to the December average rate of 0.0074, the exchange rate registered a net change of -2.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0077 was down 0.24% compared to the 2022 peak of 0.0077, 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 38 GBP
2022 Average 36 GBP
Yearly Trough Low 36 GBP
Transaction Impact: A difference of 1.96 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0076
0.0073
JanuMarcMayJulySeptNove

RSD to GBP 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 0.0075, compared to 0.0074 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0075
H2 Avg (Jul–Dec) 0.0074

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0002 GBP (High: 0.0075 / Low: 0.0073). On the other end, June was the most stable month, with a tight range of 0.0001 GBP (High: 0.0074 / Low: 0.0073).

May Spread (Volatile) ±0.0002
June Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between August and November, 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 May and June, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0076) against the same month in 2022 (average: 0.0071), the exchange rate shifted by +0.0004 (+6.06%).

2023 Avg (February) 0.0076
2022 Avg (February) 0.0071

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0076 0.0075 0.0075
February 0.0077 0.0075 0.0076
March 0.0076 0.0074 0.0075
April 0.0076 0.0075 0.0075
May 0.0075 0.0073 0.0074
June 0.0074 0.0073 0.0073
July 0.0074 0.0073 0.0073
August 0.0074 0.0073 0.0073
September 0.0074 0.0073 0.0073
October 0.0075 0.0073 0.0074
November 0.0075 0.0073 0.0074
December 0.0074 0.0073 0.0074