2023 RSD to GMD Historical Review

YEARLY HIGH

0.6388 GMD

YEARLY LOW

0.5429 GMD

YEARLY AVERAGE

0.5746 GMD

2023 RSD to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.6388. Conversely, the yearly low was recorded on June 6, dropping to 0.5429.

This high-to-low spread represents a total annual volatility of 0.0959 GMD. From a start-to-finish perspective, comparing the January average rate of 0.5701 to the December average rate of 0.6275, the exchange rate registered a net change of 10.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.6388 was up 12.84% compared to the 2022 peak of 0.5661, 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 3,194 GMD

2022 Average 2,483 GMD

Yearly Trough Low 2,714 GMD

Transaction Impact: A difference of 479.47 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.6353

0.5424

JanuMarcMayJulySeptNove

RSD to GMD 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 0.5618, compared to 0.5875 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0257 points.

H1 Avg (Jan–Jun) 0.5618

H2 Avg (Jul–Dec) 0.5875

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0438 GMD (High: 0.6314 / Low: 0.5877). On the other end, August was the most stable month, with a tight range of 0.0071 GMD (High: 0.5671 / Low: 0.5600).

November Spread (Volatile) ±0.0438

August Spread (Stable) ±0.0071

Growth Streaks & Declines

Trends

Between September and December, 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 April and May, when the average rate fell by 0.0246 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0246

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.6275) against the same month in 2022 (average: 0.5603), the exchange rate shifted by +0.0672 (+12.00%).

2023 Avg (December) 0.6275

2022 Avg (December) 0.5603

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5788	0.5568	0.5701
February	0.5778	0.5492	0.5573
March	0.5779	0.5505	0.5608
April	0.5876	0.5631	0.5785
May	0.5687	0.5433	0.5539
June	0.5575	0.5429	0.5502
July	0.5719	0.5513	0.5626
August	0.5671	0.5600	0.5636
September	0.5869	0.5486	0.5626
October	0.5976	0.5809	0.5912
November	0.6314	0.5877	0.6174
December	0.6388	0.6186	0.6275