2023 RSD to SRD Historical Review

YEARLY HIGH

0.3674 SRD

YEARLY LOW

0.2833 SRD

YEARLY AVERAGE

0.3377 SRD

2023 RSD to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 19, valuing the pair at 0.3674. Conversely, the yearly low was recorded on January 5, dropping to 0.2833.

This high-to-low spread represents a total annual volatility of 0.0841 SRD. From a start-to-finish perspective, comparing the January average rate of 0.2924 to the December average rate of 0.3481, the exchange rate registered a net change of 19.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.3674 was up 26.42% compared to the 2022 peak of 0.2906, 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 1,837 SRD

2022 Average 1,082 SRD

Yearly Trough Low 1,417 SRD

Transaction Impact: A difference of 420.68 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.3650

0.2858

JanuMarcMayJulySeptNove

RSD to SRD 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 0.3244, compared to 0.3509 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0265 points.

H1 Avg (Jan–Jun) 0.3244

H2 Avg (Jul–Dec) 0.3509

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0319 SRD (High: 0.3336 / Low: 0.3017). On the other end, October was the most stable month, with a tight range of 0.0063 SRD (High: 0.3472 / Low: 0.3408).

March Spread (Volatile) ±0.0319

October Spread (Stable) ±0.0063

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0074 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0074

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 0.3584) against the same month in 2022 (average: 0.1989), the exchange rate shifted by +0.1596 (+80.24%).

2023 Avg (July) 0.3584

2022 Avg (July) 0.1989

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3004	0.2833	0.2924
February	0.3067	0.2938	0.2992
March	0.3336	0.3017	0.3160
April	0.3533	0.3325	0.3440
May	0.3548	0.3398	0.3460
June	0.3580	0.3409	0.3487
July	0.3674	0.3435	0.3584
August	0.3619	0.3516	0.3560
September	0.3552	0.3423	0.3487
October	0.3472	0.3408	0.3437
November	0.3557	0.3442	0.3506
December	0.3521	0.3443	0.3481