2019 RSD to GNF Historical Review

YEARLY HIGH

91.2385 GNF

YEARLY LOW

84.7153 GNF

YEARLY AVERAGE

87.7037 GNF

2019 RSD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the RSD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 91.2385. Conversely, the yearly low was recorded on November 12, dropping to 84.7153.

This high-to-low spread represents a total annual volatility of 6.5232 GNF. From a start-to-finish perspective, comparing the January average rate of 88.3825 to the December average rate of 89.6178, the exchange rate registered a net change of 1.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 91.2385 was down 4.25% compared to the 2018 peak of 95.2892, 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 456,192 GNF

2018 Average 451,928 GNF

Yearly Trough Low 423,576 GNF

Transaction Impact: A difference of 32,615.90 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

89.9427

86.0440

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 87.8250, compared to 87.5824 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2426 points.

H1 Avg (Jan–Jun) 87.8250

H2 Avg (Jul–Dec) 87.5824

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 4.7004 GNF (High: 89.4157 / Low: 84.7153). On the other end, September was the most stable month, with a tight range of 1.3442 GNF (High: 86.9528 / Low: 85.6087).

November Spread (Volatile) ±4.7004

September Spread (Stable) ±1.3442

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 July and August, when the average rate fell by 0.7754 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.7754

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 89.6178) against the same month in 2018 (average: 88.0656), the exchange rate shifted by +1.5522 (+1.76%).

2019 Avg (December) 89.6178

2018 Avg (December) 88.0656

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	89.3299	87.3305	88.3825
February	89.1147	87.2714	88.0920
March	88.9124	86.7877	87.9298
April	88.3467	86.2460	87.3828
May	87.9220	86.1699	87.1453
June	88.9585	86.6002	88.0176
July	88.3947	86.5499	87.6841
August	88.0168	85.9063	86.9087
September	86.9528	85.6087	86.3689
October	87.7998	85.7183	86.9817
November	89.4157	84.7153	87.9335
December	91.2385	88.7112	89.6178