2023 RSD to NAD Historical Review

YEARLY HIGH

0.1844 NAD

YEARLY LOW

0.1514 NAD

YEARLY AVERAGE

0.1707 NAD

2023 RSD to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 0.1844. Conversely, the yearly low was recorded on January 5, dropping to 0.1514.

This high-to-low spread represents a total annual volatility of 0.0330 NAD. From a start-to-finish perspective, comparing the January average rate of 0.1570 to the December average rate of 0.1741, the exchange rate registered a net change of 10.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1844 was up 15.30% compared to the 2022 peak of 0.1599, 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 922 NAD

2022 Average 730 NAD

Yearly Trough Low 757 NAD

Transaction Impact: A difference of 164.87 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1788

0.1550

JanuMarcMayJulySeptNove

RSD to NAD 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 0.1678, compared to 0.1735 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0056 points.

H1 Avg (Jan–Jun) 0.1678

H2 Avg (Jul–Dec) 0.1735

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0160 NAD (High: 0.1824 / Low: 0.1665). On the other end, March was the most stable month, with a tight range of 0.0046 NAD (High: 0.1693 / Low: 0.1647).

November Spread (Volatile) ±0.0160

March Spread (Stable) ±0.0046

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0036 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.1753) against the same month in 2022 (average: 0.1441), the exchange rate shifted by +0.0313 (+21.69%).

2023 Avg (August) 0.1753

2022 Avg (August) 0.1441

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1602	0.1514	0.1570
February	0.1667	0.1559	0.1631
March	0.1693	0.1647	0.1670
April	0.1735	0.1638	0.1700
May	0.1804	0.1718	0.1768
June	0.1810	0.1695	0.1732
July	0.1765	0.1653	0.1721
August	0.1844	0.1706	0.1753
September	0.1760	0.1693	0.1727
October	0.1824	0.1690	0.1735
November	0.1824	0.1665	0.1730
December	0.1791	0.1701	0.1741