2023 RSD to MVR Historical Review

YEARLY HIGH

0.1478 MVR

YEARLY LOW

0.1372 MVR

YEARLY AVERAGE

0.1418 MVR

2023 RSD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 15, valuing the pair at 0.1478. Conversely, the yearly low was recorded on October 2, dropping to 0.1372.

This high-to-low spread represents a total annual volatility of 0.0106 MVR. From a start-to-finish perspective, comparing the January average rate of 0.1414 to the December average rate of 0.1432, the exchange rate registered a net change of 1.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1478 was down 1.81% compared to the 2022 peak of 0.1505, 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 739 MVR

2022 Average 692 MVR

Yearly Trough Low 686 MVR

Transaction Impact: A difference of 52.99 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1457

0.1380

JanuMarcMayJulySeptNove

RSD to MVR 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 0.1416, compared to 0.1420 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.1416

H2 Avg (Jul–Dec) 0.1420

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0061 MVR (High: 0.1441 / Low: 0.1380). On the other end, August was the most stable month, with a tight range of 0.0024 MVR (High: 0.1441 / Low: 0.1418).

February Spread (Volatile) ±0.0061

August Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between February and April, 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 August and September, when the average rate fell by 0.0027 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.1450) against the same month in 2022 (average: 0.1338), the exchange rate shifted by +0.0112 (+8.39%).

2023 Avg (July) 0.1450

2022 Avg (July) 0.1338

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1430	0.1382	0.1414
February	0.1441	0.1380	0.1400
March	0.1431	0.1380	0.1404
April	0.1455	0.1419	0.1437
May	0.1450	0.1395	0.1422
June	0.1438	0.1401	0.1419
July	0.1478	0.1424	0.1450
August	0.1441	0.1418	0.1430
September	0.1417	0.1384	0.1403
October	0.1402	0.1372	0.1386
November	0.1440	0.1389	0.1418
December	0.1457	0.1410	0.1432