2023 RSD to MXN Historical Review

YEARLY HIGH

0.1781 MXN

YEARLY LOW

0.1541 MXN

YEARLY AVERAGE

0.1636 MXN

2023 RSD to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1781. Conversely, the yearly low was recorded on August 27, dropping to 0.1541.

This high-to-low spread represents a total annual volatility of 0.0240 MXN. From a start-to-finish perspective, comparing the January average rate of 0.1743 to the December average rate of 0.1599, the exchange rate registered a net change of -8.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1781 was down 11.60% compared to the 2022 peak of 0.2014, 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 890 MXN

2022 Average 902 MXN

Yearly Trough Low 770 MXN

Transaction Impact: A difference of 119.98 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1760

0.1558

JanuMarcMayJulySeptNove

RSD to MXN 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 0.1675, compared to 0.1597 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0078 points.

H1 Avg (Jan–Jun) 0.1675

H2 Avg (Jul–Dec) 0.1597

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0122 MXN (High: 0.1738 / Low: 0.1616). On the other end, December was the most stable month, with a tight range of 0.0026 MXN (High: 0.1614 / Low: 0.1588).

March Spread (Volatile) ±0.0122

December Spread (Stable) ±0.0026

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2023. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0048 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.1743) against the same month in 2022 (average: 0.1974), the exchange rate shifted by -0.0231 (-11.72%).

2023 Avg (January) 0.1743

2022 Avg (January) 0.1974

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1781	0.1716	0.1743
February	0.1753	0.1651	0.1696
March	0.1738	0.1616	0.1681
April	0.1711	0.1665	0.1690
May	0.1696	0.1607	0.1643
June	0.1611	0.1584	0.1595
July	0.1614	0.1567	0.1596
August	0.1619	0.1541	0.1580
September	0.1609	0.1551	0.1575
October	0.1655	0.1571	0.1630
November	0.1620	0.1587	0.1603
December	0.1614	0.1588	0.1599