YEARLY HIGH
0.0873 NOK
YEARLY LOW
0.0809 NOK
YEARLY AVERAGE
0.0836 NOK

2019 RSD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the RSD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 0.0873. Conversely, the yearly low was recorded on April 22, dropping to 0.0809.

This high-to-low spread represents a total annual volatility of 0.0064 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0825 to the December average rate of 0.0852, the exchange rate registered a net change of 3.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0873 was up 3.06% compared to the 2018 peak of 0.0847, 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 436 NOK
2018 Average 406 NOK
Yearly Trough Low 404 NOK
Transaction Impact: A difference of 32.05 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0865
0.0811
JanuMarcMayJulySeptNove

RSD to NOK 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 0.0824, compared to 0.0848 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.0824
H2 Avg (Jul–Dec) 0.0848

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0042 NOK (High: 0.0857 / Low: 0.0816). On the other end, May was the most stable month, with a tight range of 0.0011 NOK (High: 0.0835 / Low: 0.0824).

January Spread (Volatile) ±0.0042
May Spread (Stable) ±0.0011

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 March and April, when the average rate fell by 0.0008 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 0.0861) against the same month in 2018 (average: 0.0801), the exchange rate shifted by +0.0060 (+7.45%).

2019 Avg (October) 0.0861
2018 Avg (October) 0.0801

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0857 0.0816 0.0825
February 0.0832 0.0816 0.0824
March 0.0834 0.0815 0.0824
April 0.0822 0.0809 0.0816
May 0.0835 0.0824 0.0829
June 0.0832 0.0819 0.0827
July 0.0833 0.0816 0.0821
August 0.0856 0.0837 0.0847
September 0.0851 0.0839 0.0845
October 0.0873 0.0849 0.0861
November 0.0866 0.0855 0.0860
December 0.0867 0.0838 0.0852