YEARLY HIGH
0.0157 NZD
YEARLY LOW
0.0143 NZD
YEARLY AVERAGE
0.0150 NZD

2023 RSD to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 20, valuing the pair at 0.0157. Conversely, the yearly low was recorded on January 22, dropping to 0.0143.

This high-to-low spread represents a total annual volatility of 0.0014 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0143 to the December average rate of 0.0150, the exchange rate registered a net change of 4.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0157 was up 5.04% compared to the 2022 peak of 0.0149, 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 78 NZD
2022 Average 71 NZD
Yearly Trough Low 71 NZD
Transaction Impact: A difference of 7.09 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0157
0.0142
JanuMarcMayJulySeptNove

RSD to NZD 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 0.0148, compared to 0.0153 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0148
H2 Avg (Jul–Dec) 0.0153

Volatility Range Comparison

Volatility

The most volatile month in 2023 was April, with a trading range of 0.0007 NZD (High: 0.0154 / Low: 0.0147). On the other end, January was the most stable month, with a tight range of 0.0002 NZD (High: 0.0145 / Low: 0.0143).

April Spread (Volatile) ±0.0007
January Spread (Stable) ±0.0002

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 November and December, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.0155) against the same month in 2022 (average: 0.0138), the exchange rate shifted by +0.0017 (+12.66%).

2023 Avg (August) 0.0155
2022 Avg (August) 0.0138

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0145 0.0143 0.0143
February 0.0147 0.0143 0.0145
March 0.0149 0.0145 0.0147
April 0.0154 0.0147 0.0151
May 0.0152 0.0147 0.0149
June 0.0153 0.0149 0.0151
July 0.0154 0.0150 0.0152
August 0.0157 0.0153 0.0155
September 0.0156 0.0150 0.0154
October 0.0156 0.0149 0.0153
November 0.0155 0.0151 0.0154
December 0.0151 0.0148 0.0150