2018 RSD to TOP Historical Review

YEARLY HIGH

0.0235 TOP

YEARLY LOW

0.0215 TOP

YEARLY AVERAGE

0.0227 TOP

2018 RSD to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the RSD to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 0.0235. Conversely, the yearly low was recorded on December 15, dropping to 0.0215.

This high-to-low spread represents a total annual volatility of 0.0021 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0231 to the December average rate of 0.0219, the exchange rate registered a net change of -5.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0235 was up 2.33% compared to the 2017 peak of 0.0230, 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 118 TOP

2017 Average 106 TOP

Yearly Trough Low 107 TOP

Transaction Impact: A difference of 10.27 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0233

0.0218

JanuMarcMayJulySeptNove

RSD to TOP 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 0.0230, compared to 0.0224 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0230

H2 Avg (Jul–Dec) 0.0224

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0008 TOP (High: 0.0235 / Low: 0.0227). On the other end, March was the most stable month, with a tight range of 0.0003 TOP (High: 0.0234 / Low: 0.0231).

January Spread (Volatile) ±0.0008

March Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0004 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.0231) against the same month in 2017 (average: 0.0194), the exchange rate shifted by +0.0037 (+19.07%).

2018 Avg (February) 0.0231

2017 Avg (February) 0.0194

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0235	0.0227	0.0231
February	0.0235	0.0228	0.0231
March	0.0234	0.0231	0.0232
April	0.0233	0.0227	0.0231
May	0.0230	0.0222	0.0227
June	0.0228	0.0223	0.0226
July	0.0231	0.0228	0.0229
August	0.0229	0.0222	0.0226
September	0.0230	0.0226	0.0228
October	0.0226	0.0220	0.0224
November	0.0222	0.0219	0.0220
December	0.0221	0.0215	0.0219