2023 RSD to SZL Historical Review

YEARLY HIGH

0.1815 SZL

YEARLY LOW

0.1522 SZL

YEARLY AVERAGE

0.1701 SZL

2023 RSD to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 0.1815. Conversely, the yearly low was recorded on January 5, dropping to 0.1522.

This high-to-low spread represents a total annual volatility of 0.0293 SZL. From a start-to-finish perspective, comparing the January average rate of 0.1572 to the December average rate of 0.1736, the exchange rate registered a net change of 10.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1815 was up 13.61% compared to the 2022 peak of 0.1597, 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 907 SZL

2022 Average 732 SZL

Yearly Trough Low 761 SZL

Transaction Impact: A difference of 146.47 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1783

0.1553

JanuMarcMayJulySeptNove

RSD to SZL 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 0.1677, compared to 0.1726 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0049 points.

H1 Avg (Jan–Jun) 0.1677

H2 Avg (Jul–Dec) 0.1726

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0129 SZL (High: 0.1775 / Low: 0.1645). On the other end, October was the most stable month, with a tight range of 0.0054 SZL (High: 0.1747 / Low: 0.1693).

July Spread (Volatile) ±0.0129

October Spread (Stable) ±0.0054

Growth Streaks & Declines

Trends

Between January and May, 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 May and June, when the average rate fell by 0.0033 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2023: 0.1731) against the same month in 2022 (average: 0.1420), the exchange rate shifted by +0.0310 (+21.85%).

2023 Avg (June) 0.1731

2022 Avg (June) 0.1420

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1614	0.1522	0.1572
February	0.1665	0.1578	0.1633
March	0.1709	0.1645	0.1667
April	0.1731	0.1641	0.1696
May	0.1809	0.1718	0.1764
June	0.1815	0.1695	0.1731
July	0.1775	0.1645	0.1719
August	0.1812	0.1691	0.1747
September	0.1757	0.1690	0.1725
October	0.1747	0.1693	0.1718
November	0.1757	0.1664	0.1708
December	0.1791	0.1697	0.1736