2018 RSD to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 RSD to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the RSD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 95.2892. Conversely, the yearly low was recorded on August 18, dropping to 86.5560.
This high-to-low spread represents a total annual volatility of 8.7332 GNF. From a start-to-finish perspective, comparing the January average rate of 92.6660 to the December average rate of 88.0656, the exchange rate registered a net change of -4.96% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 95.2892 was up 4.12% compared to the 2017 peak of 91.5162, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RSD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
RSD to GNF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 92.3083, compared to 88.5121 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.7962 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was May, with a trading range of 4.0992 GNF (High: 92.0750 / Low: 87.9758). On the other end, July was the most stable month, with a tight range of 1.2371 GNF (High: 90.3597 / Low: 89.1226).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 3.4679 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2018: 93.9991) against the same month in 2017 (average: 80.5208), the exchange rate shifted by +13.4782 (+16.74%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 94.3261 | 90.5319 | 92.6660 |
| February | 95.2892 | 92.8777 | 93.9991 |
| March | 94.8223 | 93.1816 | 93.9810 |
| April | 94.6599 | 92.1562 | 93.6751 |
| May | 92.0750 | 87.9758 | 90.2072 |
| June | 90.3339 | 88.4709 | 89.3215 |
| July | 90.3597 | 89.1226 | 89.6525 |
| August | 89.6345 | 86.5560 | 88.4151 |
| September | 90.4161 | 88.3820 | 89.2970 |
| October | 89.0920 | 86.7659 | 88.0944 |
| November | 88.7306 | 86.9846 | 87.5477 |
| December | 89.1867 | 87.1626 | 88.0656 |