2023 RSD to IQD Historical Review

YEARLY HIGH

13.8394 IQD

YEARLY LOW

11.6940 IQD

YEARLY AVERAGE

12.5404 IQD

2023 RSD to IQD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to IQD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 13.8394. Conversely, the yearly low was recorded on October 3, dropping to 11.6940.

This high-to-low spread represents a total annual volatility of 2.1454 IQD. From a start-to-finish perspective, comparing the January average rate of 13.4158 to the December average rate of 12.2121, the exchange rate registered a net change of -8.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 13.8394 was down 2.67% compared to the 2022 peak of 14.2194, 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 69,197 IQD

2022 Average 65,483 IQD

Yearly Trough Low 58,470 IQD

Transaction Impact: A difference of 10,726.89 IQD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

13.7497

11.6181

JanuMarcMayJulySeptNove

RSD to IQD 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 12.9929, compared to 12.0878 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9052 points.

H1 Avg (Jan–Jun) 12.9929

H2 Avg (Jul–Dec) 12.0878

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 1.7713 IQD (High: 13.7159 / Low: 11.9447). On the other end, October was the most stable month, with a tight range of 0.2332 IQD (High: 11.9272 / Low: 11.6940).

May Spread (Volatile) ±1.7713

October Spread (Stable) ±0.2332

Growth Streaks & Declines

Trends

Between October and December, 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 April and May, when the average rate fell by 1.3456 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.3456

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 13.5721) against the same month in 2022 (average: 13.4217), the exchange rate shifted by +0.1504 (+1.12%).

2023 Avg (April) 13.5721

2022 Avg (April) 13.4217

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.5787	13.0940	13.4158
February	13.6895	13.1132	13.3150
March	13.5797	13.1235	13.3148
April	13.8394	12.3210	13.5721
May	13.7159	11.9447	12.2265
June	12.2754	11.9510	12.1133
July	12.5586	12.1215	12.3444
August	12.3560	12.0573	12.1837
September	12.0591	11.7382	11.9212
October	11.9272	11.6940	11.7957
November	12.2800	11.8308	12.0695
December	12.4190	12.0320	12.2121