2023 RSD to YER Historical Review

YEARLY HIGH

2.4004 YER

YEARLY LOW

2.2351 YER

YEARLY AVERAGE

2.3095 YER

2023 RSD to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on July 15, valuing the pair at 2.4004. Conversely, the yearly low was recorded on October 3, dropping to 2.2351.

This high-to-low spread represents a total annual volatility of 0.1653 YER. From a start-to-finish perspective, comparing the January average rate of 2.3007 to the December average rate of 2.3315, the exchange rate registered a net change of 1.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.4004 was down 1.51% compared to the 2022 peak of 2.4373, 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 12,002 YER

2022 Average 11,226 YER

Yearly Trough Low 11,175 YER

Transaction Impact: A difference of 826.52 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.3719

2.2450

JanuMarcMayJulySeptNove

RSD to YER 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 2.3079, compared to 2.3110 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 2.3079

H2 Avg (Jul–Dec) 2.3110

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0985 YER (High: 2.3488 / Low: 2.2503). On the other end, October was the most stable month, with a tight range of 0.0446 YER (High: 2.2797 / Low: 2.2351).

February Spread (Volatile) ±0.0985

October Spread (Stable) ±0.0446

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 0.0496 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0496

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2023: 2.3614) against the same month in 2022 (average: 2.1742), the exchange rate shifted by +0.1872 (+8.61%).

2023 Avg (July) 2.3614

2022 Avg (July) 2.1742

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3292	2.2440	2.3007
February	2.3488	2.2503	2.2834
March	2.3269	2.2506	2.2864
April	2.3715	2.3135	2.3417
May	2.3651	2.2833	2.3197
June	2.3456	2.2845	2.3155
July	2.4004	2.3179	2.3614
August	2.3507	2.3040	2.3286
September	2.3025	2.2422	2.2790
October	2.2797	2.2351	2.2556
November	2.3486	2.2612	2.3103
December	2.3730	2.2992	2.3315