2018 SAR to RSD Historical Review

YEARLY HIGH

27.9345 RSD

YEARLY LOW

25.2047 RSD

YEARLY AVERAGE

26.7107 RSD

2018 SAR to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SAR to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 27.9345. Conversely, the yearly low was recorded on February 15, dropping to 25.2047.

This high-to-low spread represents a total annual volatility of 2.7299 RSD. From a start-to-finish perspective, comparing the January average rate of 25.9253 to the December average rate of 27.7104, the exchange rate registered a net change of 6.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 27.9345 was down 11.55% compared to the 2017 peak of 31.5832, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SAR based on timing:

Yearly Peak High 139,673 RSD

2017 Average 143,513 RSD

Yearly Trough Low 126,023 RSD

Transaction Impact: A difference of 13,649.39 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

27.9548

25.3341

JanuMarcMayJulySeptNove

SAR to RSD 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 26.0536, compared to 27.3679 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3143 points.

H1 Avg (Jan–Jun) 26.0536

H2 Avg (Jul–Dec) 27.3679

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 1.4678 RSD (High: 27.2932 / Low: 25.8254). On the other end, July was the most stable month, with a tight range of 0.2445 RSD (High: 27.0201 / Low: 26.7756).

May Spread (Volatile) ±1.4678

July Spread (Stable) ±0.2445

Growth Streaks & Declines

Trends

Between February and June, 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 January and February, when the average rate fell by 0.3728 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.3728

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 27.7104) against the same month in 2017 (average: 26.7830), the exchange rate shifted by +0.9274 (+3.46%).

2018 Avg (December) 27.7104

2017 Avg (December) 26.7830

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	26.5302	25.4634	25.9253
February	25.8385	25.2047	25.5525
March	25.7873	25.3412	25.5579
April	26.0916	25.4313	25.6782
May	27.2932	25.8254	26.6457
June	27.2377	26.6153	26.9621
July	27.0201	26.7756	26.9156
August	27.7295	26.9365	27.2870
September	27.3069	26.7555	27.0707
October	27.8682	27.2007	27.4870
November	27.9285	27.5279	27.7364
December	27.9345	27.5031	27.7104