2019 SAR to RSD Historical Review

YEARLY HIGH

28.6881 RSD

YEARLY LOW

27.3190 RSD

YEARLY AVERAGE

28.0607 RSD

2019 SAR to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the SAR to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 28.6881. Conversely, the yearly low was recorded on January 2, dropping to 27.3190.

This high-to-low spread represents a total annual volatility of 1.3691 RSD. From a start-to-finish perspective, comparing the January average rate of 27.6396 to the December average rate of 28.2003, the exchange rate registered a net change of 2.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 28.6881 was up 2.70% compared to the 2018 peak of 27.9345, 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 143,441 RSD

2018 Average 133,593 RSD

Yearly Trough Low 136,595 RSD

Transaction Impact: A difference of 6,845.45 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

28.5384

27.5579

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 27.8638, compared to 28.2576 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3938 points.

H1 Avg (Jan–Jun) 27.8638

H2 Avg (Jul–Dec) 28.2576

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.6418 RSD (High: 28.5542 / Low: 27.9124). On the other end, May was the most stable month, with a tight range of 0.2731 RSD (High: 28.2643 / Low: 27.9912).

August Spread (Volatile) ±0.6418

May Spread (Stable) ±0.2731

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 0.2868 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.2868

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2019: 28.4567) against the same month in 2018 (average: 27.0707), the exchange rate shifted by +1.3860 (+5.12%).

2019 Avg (September) 28.4567

2018 Avg (September) 27.0707

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	27.9157	27.3190	27.6396
February	27.9635	27.5567	27.7690
March	28.1241	27.5078	27.8439
April	28.2440	27.8004	28.0017
May	28.2643	27.9912	28.1076
June	28.1446	27.5626	27.8208
July	28.3508	27.8076	27.9953
August	28.5542	27.9124	28.2146
September	28.6881	28.2060	28.4567
October	28.6563	28.0672	28.3301
November	28.4977	28.0363	28.3484
December	28.4590	27.9398	28.2003