2018 SBD to RSD Historical Review

YEARLY HIGH

13.1980 RSD

YEARLY LOW

12.1730 RSD

YEARLY AVERAGE

12.7135 RSD

2018 SBD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SBD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 13.1980. Conversely, the yearly low was recorded on February 15, dropping to 12.1730.

This high-to-low spread represents a total annual volatility of 1.0250 RSD. From a start-to-finish perspective, comparing the January average rate of 12.5146 to the December average rate of 12.8628, the exchange rate registered a net change of 2.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 13.1980 was down 12.88% compared to the 2017 peak of 15.1486, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 65,990 RSD

2017 Average 68,900 RSD

Yearly Trough Low 60,865 RSD

Transaction Impact: A difference of 5,124.99 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

13.0778

12.2708

JanuMarcMayJulySeptNove

SBD 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 12.5214, compared to 12.9056 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3842 points.

H1 Avg (Jan–Jun) 12.5214

H2 Avg (Jul–Dec) 12.9056

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.6239 RSD (High: 13.1488 / Low: 12.5248). On the other end, October was the most stable month, with a tight range of 0.1859 RSD (High: 13.0369 / Low: 12.8510).

December Spread (Volatile) ±0.6239

October Spread (Stable) ±0.1859

Growth Streaks & Declines

Trends

Between March and June, 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 January and February, when the average rate fell by 0.1580 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1580

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 13.0105) against the same month in 2017 (average: 12.9206), the exchange rate shifted by +0.0899 (+0.70%).

2018 Avg (November) 13.0105

2017 Avg (November) 12.9206

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.7634	12.2587	12.5146
February	12.5395	12.1730	12.3566
March	12.4808	12.1951	12.3380
April	12.5705	12.2449	12.3712
May	12.9308	12.5537	12.7656
June	12.9202	12.6278	12.7823
July	12.8556	12.5856	12.7594
August	13.1844	12.8047	12.9722
September	12.9819	12.7194	12.8697
October	13.0369	12.8510	12.9587
November	13.1980	12.9020	13.0105
December	13.1488	12.5248	12.8628