2023 RSD to PYG Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 RSD to PYG Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the RSD to PYG exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 69.7713. Conversely, the yearly low was recorded on March 7, dropping to 64.5336.
This high-to-low spread represents a total annual volatility of 5.2377 PYG. From a start-to-finish perspective, comparing the January average rate of 67.7972 to the December average rate of 68.5598, the exchange rate registered a net change of 1.12% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 69.7713 was up 1.81% compared to the 2022 peak of 68.5322, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RSD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
RSD to PYG Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 66.8022, compared to 67.6668 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8646 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was January, with a trading range of 3.3385 PYG (High: 68.9798 / Low: 65.6413). On the other end, August was the most stable month, with a tight range of 1.4356 PYG (High: 68.4404 / Low: 67.0048).
Growth Streaks & Declines
TrendsBetween May and July, 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 August and September, when the average rate fell by 1.4231 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2023: 68.6339) against the same month in 2022 (average: 62.5918), the exchange rate shifted by +6.0421 (+9.65%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 68.9798 | 65.6413 | 67.7972 |
| February | 68.9000 | 65.7067 | 66.6003 |
| March | 66.6503 | 64.5336 | 65.6599 |
| April | 68.3780 | 65.9315 | 66.9654 |
| May | 67.9199 | 65.7809 | 66.7306 |
| June | 67.9967 | 65.8198 | 67.0599 |
| July | 69.7549 | 67.1628 | 68.5099 |
| August | 68.4404 | 67.0048 | 67.6515 |
| September | 66.9595 | 65.3493 | 66.2284 |
| October | 67.6286 | 65.0700 | 66.4172 |
| November | 69.7713 | 67.3881 | 68.6339 |
| December | 69.3281 | 67.5324 | 68.5598 |