YEARLY HIGH
0.8440 KGS
YEARLY LOW
0.7537 KGS
YEARLY AVERAGE
0.8104 KGS

2023 RSD to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.8440. Conversely, the yearly low was recorded on January 5, dropping to 0.7537.

This high-to-low spread represents a total annual volatility of 0.0903 KGS. From a start-to-finish perspective, comparing the January average rate of 0.7866 to the December average rate of 0.8305, the exchange rate registered a net change of 5.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.8440 was down 12.43% compared to the 2022 peak of 0.9638, 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 4,220 KGS
2022 Average 3,785 KGS
Yearly Trough Low 3,769 KGS
Transaction Impact: A difference of 451.49 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.8349
0.7823
JanuMarcMayJulySeptNove

RSD to KGS 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 0.8027, compared to 0.8182 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0155 points.

H1 Avg (Jan–Jun) 0.8027
H2 Avg (Jul–Dec) 0.8182

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0471 KGS (High: 0.8009 / Low: 0.7537). On the other end, August was the most stable month, with a tight range of 0.0125 KGS (High: 0.8247 / Low: 0.8122).

January Spread (Volatile) ±0.0471
August Spread (Stable) ±0.0125

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0133 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0133

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.8305) against the same month in 2022 (average: 0.7687), the exchange rate shifted by +0.0617 (+8.03%).

2023 Avg (December) 0.8305
2022 Avg (December) 0.7687

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8009 0.7537 0.7866
February 0.8081 0.7858 0.7932
March 0.8125 0.7861 0.7986
April 0.8290 0.8079 0.8183
May 0.8259 0.7988 0.8106
June 0.8181 0.7976 0.8089
July 0.8427 0.8108 0.8275
August 0.8247 0.8122 0.8194
September 0.8121 0.7945 0.8060
October 0.8134 0.7918 0.8029
November 0.8342 0.8069 0.8229
December 0.8440 0.8204 0.8305