2023 RSD to TWD Historical Review

YEARLY HIGH

0.2980 TWD

YEARLY LOW

0.2744 TWD

YEARLY AVERAGE

0.2873 TWD

2023 RSD to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 0.2980. Conversely, the yearly low was recorded on February 23, dropping to 0.2744.

This high-to-low spread represents a total annual volatility of 0.0236 TWD. From a start-to-finish perspective, comparing the January average rate of 0.2793 to the December average rate of 0.2908, the exchange rate registered a net change of 4.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2980 was up 6.37% compared to the 2022 peak of 0.2802, 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 1,490 TWD

2022 Average 1,334 TWD

Yearly Trough Low 1,372 TWD

Transaction Impact: A difference of 117.82 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2980

0.2741

JanuMarcMayJulySeptNove

RSD to TWD 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 0.2816, compared to 0.2930 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0113 points.

H1 Avg (Jan–Jun) 0.2816

H2 Avg (Jul–Dec) 0.2930

Volatility Range Comparison

Volatility

The most volatile month in 2023 was June, with a trading range of 0.0104 TWD (High: 0.2902 / Low: 0.2798). On the other end, November was the most stable month, with a tight range of 0.0041 TWD (High: 0.2963 / Low: 0.2922).

June Spread (Volatile) ±0.0104

November Spread (Stable) ±0.0041

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0045 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2023: 0.2960) against the same month in 2022 (average: 0.2595), the exchange rate shifted by +0.0365 (+14.05%).

2023 Avg (August) 0.2960

2022 Avg (August) 0.2595

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2815	0.2754	0.2793
February	0.2788	0.2744	0.2761
March	0.2833	0.2762	0.2791
April	0.2914	0.2822	0.2859
May	0.2893	0.2796	0.2845
June	0.2902	0.2798	0.2850
July	0.2976	0.2886	0.2942
August	0.2980	0.2930	0.2960
September	0.2934	0.2888	0.2915
October	0.2942	0.2882	0.2909
November	0.2963	0.2922	0.2943
December	0.2932	0.2887	0.2908