YEARLY HIGH
0.0408 PLN
YEARLY LOW
0.0367 PLN
YEARLY AVERAGE
0.0387 PLN

2023 RSD to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 0.0408. Conversely, the yearly low was recorded on December 13, dropping to 0.0367.

This high-to-low spread represents a total annual volatility of 0.0041 PLN. From a start-to-finish perspective, comparing the January average rate of 0.0398 to the December average rate of 0.0370, the exchange rate registered a net change of -7.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0408 was down 3.61% compared to the 2022 peak of 0.0423, 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 204 PLN
2022 Average 199 PLN
Yearly Trough Low 183 PLN
Transaction Impact: A difference of 20.60 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0408
0.0366
JanuMarcMayJulySeptNove

RSD to PLN 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 0.0394, compared to 0.0380 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0394
H2 Avg (Jul–Dec) 0.0380

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.0020 PLN (High: 0.0403 / Low: 0.0383). On the other end, December was the most stable month, with a tight range of 0.0004 PLN (High: 0.0371 / Low: 0.0367).

January Spread (Volatile) ±0.0020
December Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between July and September, 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 October and November, when the average rate fell by 0.0009 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 0.0404) against the same month in 2022 (average: 0.0388), the exchange rate shifted by +0.0016 (+4.16%).

2023 Avg (February) 0.0404
2022 Avg (February) 0.0388

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0403 0.0383 0.0398
February 0.0408 0.0399 0.0404
March 0.0405 0.0398 0.0400
April 0.0402 0.0390 0.0396
May 0.0394 0.0383 0.0387
June 0.0385 0.0377 0.0380
July 0.0382 0.0376 0.0379
August 0.0382 0.0377 0.0380
September 0.0397 0.0381 0.0392
October 0.0395 0.0377 0.0385
November 0.0382 0.0368 0.0375
December 0.0371 0.0367 0.0370