YEARLY HIGH
0.1964 RSD
YEARLY LOW
0.1734 RSD
YEARLY AVERAGE
0.1819 RSD

2023 SDG to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SDG to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 0.1964. Conversely, the yearly low was recorded on July 17, dropping to 0.1734.

This high-to-low spread represents a total annual volatility of 0.0231 RSD. From a start-to-finish perspective, comparing the January average rate of 0.1887 to the December average rate of 0.1786, the exchange rate registered a net change of -5.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1964 was down 23.39% compared to the 2022 peak of 0.2564, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 982 RSD
2022 Average 1,131 RSD
Yearly Trough Low 867 RSD
Transaction Impact: A difference of 115.47 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1899
0.1752
JanuMarcMayJulySeptNove

SDG 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 0.1833, compared to 0.1804 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.1833
H2 Avg (Jul–Dec) 0.1804

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 0.0190 RSD (High: 0.1964 / Low: 0.1775). On the other end, August was the most stable month, with a tight range of 0.0035 RSD (High: 0.1806 / Low: 0.1771).

November Spread (Volatile) ±0.0190
August Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 0.0069 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0069

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2023: 0.1811) against the same month in 2022 (average: 0.2016), the exchange rate shifted by -0.0205 (-10.18%).

2023 Avg (November) 0.1811
2022 Avg (November) 0.2016

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1945 0.1853 0.1887
February 0.1892 0.1827 0.1872
March 0.1917 0.1811 0.1857
April 0.1866 0.1761 0.1788
May 0.1824 0.1768 0.1798
June 0.1822 0.1774 0.1798
July 0.1799 0.1734 0.1764
August 0.1806 0.1771 0.1788
September 0.1858 0.1807 0.1827
October 0.1865 0.1827 0.1847
November 0.1964 0.1775 0.1811
December 0.1812 0.1755 0.1786