YEARLY HIGH
198.8045 SLL
YEARLY LOW
158.3737 SLL
YEARLY AVERAGE
175.9697 SLL

2023 RSD to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 198.8045. Conversely, the yearly low was recorded on January 5, dropping to 158.3737.

This high-to-low spread represents a total annual volatility of 40.4308 SLL. From a start-to-finish perspective, comparing the January average rate of 162.3565 to the December average rate of 195.3808, the exchange rate registered a net change of 20.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 198.8045 was up 23.17% compared to the 2022 peak of 161.4103, 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 994,022 SLL
2022 Average 613,241 SLL
Yearly Trough Low 791,868 SLL
Transaction Impact: A difference of 202,154.06 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

198.8062
157.7011
JanuMarcMayJulySeptNove

RSD to SLL 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 162.8628, compared to 189.0767 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 26.2139 points.

H1 Avg (Jan–Jun) 162.8628
H2 Avg (Jul–Dec) 189.0767

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 33.6684 SLL (High: 197.2205 / Low: 163.5521). On the other end, October was the most stable month, with a tight range of 3.7898 SLL (High: 190.9651 / Low: 187.1753).

July Spread (Volatile) ±33.6684
October Spread (Stable) ±3.7898

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 4.1806 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -4.1806

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 195.3808) against the same month in 2022 (average: 159.4761), the exchange rate shifted by +35.9047 (+22.51%).

2023 Avg (December) 195.3808
2022 Avg (December) 159.4761

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 164.3315 158.3737 162.3565
February 165.7034 158.7851 161.1265
March 164.1920 158.8390 161.3646
April 167.3326 163.2461 165.2446
May 166.8864 161.1098 163.6942
June 165.5421 161.1986 163.3901
July 197.2205 163.5521 170.6422
August 196.8957 193.0592 195.0745
September 192.9614 187.8112 190.8939
October 190.9651 187.1753 188.9396
November 196.7376 189.4384 193.5289
December 198.8045 192.5992 195.3808