YEARLY HIGH
418.7670 IRR
YEARLY LOW
391.2931 IRR
YEARLY AVERAGE
400.5815 IRR

2019 RSD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the RSD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 418.7670. Conversely, the yearly low was recorded on September 30, dropping to 391.2931.

This high-to-low spread represents a total annual volatility of 27.4740 IRR. From a start-to-finish perspective, comparing the January average rate of 408.1861 to the December average rate of 398.0692, the exchange rate registered a net change of -2.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 418.7670 was down 3.68% compared to the 2018 peak of 434.7498, 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 2,093,835 IRR
2018 Average 2,028,716 IRR
Yearly Trough Low 1,956,465 IRR
Transaction Impact: A difference of 137,369.78 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

409.5463
393.2242
JanuMarcMayJulySeptNove

RSD to IRR 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 403.8470, compared to 397.3160 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.5310 points.

H1 Avg (Jan–Jun) 403.8470
H2 Avg (Jul–Dec) 397.3160

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 16.6140 IRR (High: 418.7670 / Low: 402.1530). On the other end, February was the most stable month, with a tight range of 5.9590 IRR (High: 407.4020 / Low: 401.4430).

January Spread (Volatile) ±16.6140
February Spread (Stable) ±5.9590

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 3.7443 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -3.7443

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 408.1861) against the same month in 2018 (average: 370.8122), the exchange rate shifted by +37.3739 (+10.08%).

2019 Avg (January) 408.1861
2018 Avg (January) 370.8122

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 418.7670 402.1530 408.1861
February 407.4020 401.4430 404.4418
March 409.5761 399.2248 403.8456
April 406.7606 397.5564 401.9583
May 405.4809 397.2188 400.0184
June 410.5715 398.8759 404.6317
July 403.7687 395.9843 401.0185
August 402.1033 393.1595 397.8733
September 397.9441 391.2931 394.5844
October 399.9203 391.6912 396.2703
November 400.9256 393.9649 396.0805
December 401.7461 394.5371 398.0692