2023 RSD to SEK Historical Review

YEARLY HIGH

0.1019 SEK

YEARLY LOW

0.0939 SEK

YEARLY AVERAGE

0.0979 SEK

2023 RSD to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 20, valuing the pair at 0.1019. Conversely, the yearly low was recorded on December 26, dropping to 0.0939.

This high-to-low spread represents a total annual volatility of 0.0080 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0955 to the December average rate of 0.0954, the exchange rate registered a net change of -0.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1019 was up 6.94% compared to the 2022 peak of 0.0953, 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 509 SEK

2022 Average 453 SEK

Yearly Trough Low 469 SEK

Transaction Impact: A difference of 40.06 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1015

0.0948

JanuMarcMayJulySeptNove

RSD to SEK 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 0.0967, compared to 0.0991 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0967

H2 Avg (Jul–Dec) 0.0991

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0042 SEK (High: 0.0995 / Low: 0.0953). On the other end, January was the most stable month, with a tight range of 0.0020 SEK (High: 0.0966 / Low: 0.0947).

May Spread (Volatile) ±0.0042

January Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0031 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.1008) against the same month in 2022 (average: 0.0897), the exchange rate shifted by +0.0111 (+12.38%).

2023 Avg (August) 0.1008

2022 Avg (August) 0.0897

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0966	0.0947	0.0955
February	0.0974	0.0940	0.0954
March	0.0978	0.0948	0.0960
April	0.0980	0.0959	0.0968
May	0.0995	0.0953	0.0971
June	0.1007	0.0984	0.0995
July	0.1016	0.0976	0.0993
August	0.1019	0.0992	0.1008
September	0.1019	0.0984	0.1010
October	0.1014	0.0982	0.0993
November	0.1008	0.0968	0.0985
December	0.0969	0.0939	0.0954