2023 RSD to SBD Historical Review

YEARLY HIGH

0.0803 SBD

YEARLY LOW

0.0741 SBD

YEARLY AVERAGE

0.0770 SBD

2023 RSD to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 0.0803. Conversely, the yearly low was recorded on January 5, dropping to 0.0741.

This high-to-low spread represents a total annual volatility of 0.0062 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0760 to the December average rate of 0.0788, the exchange rate registered a net change of 3.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0803 was up 1.73% compared to the 2022 peak of 0.0789, 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 401 SBD

2022 Average 365 SBD

Yearly Trough Low 370 SBD

Transaction Impact: A difference of 30.81 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0793

0.0747

JanuMarcMayJulySeptNove

RSD to SBD 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 0.0763, compared to 0.0776 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0763

H2 Avg (Jul–Dec) 0.0776

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0035 SBD (High: 0.0795 / Low: 0.0761). On the other end, August was the most stable month, with a tight range of 0.0015 SBD (High: 0.0786 / Low: 0.0771).

November Spread (Volatile) ±0.0035

August Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between February and April, 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 0.0014 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.0789) against the same month in 2022 (average: 0.0708), the exchange rate shifted by +0.0081 (+11.39%).

2023 Avg (July) 0.0789

2022 Avg (July) 0.0708

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0768	0.0741	0.0760
February	0.0773	0.0741	0.0751
March	0.0765	0.0741	0.0752
April	0.0790	0.0761	0.0776
May	0.0784	0.0760	0.0772
June	0.0780	0.0761	0.0771
July	0.0803	0.0775	0.0789
August	0.0786	0.0771	0.0779
September	0.0772	0.0750	0.0765
October	0.0766	0.0750	0.0760
November	0.0795	0.0761	0.0779
December	0.0800	0.0777	0.0788