YEARLY HIGH
0.0063 RSD
YEARLY LOW
0.0050 RSD
YEARLY AVERAGE
0.0057 RSD

2023 SLL to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SLL to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0063. Conversely, the yearly low was recorded on December 27, dropping to 0.0050.

This high-to-low spread represents a total annual volatility of 0.0013 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0062 to the December average rate of 0.0051, the exchange rate registered a net change of -16.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0063 was down 33.06% compared to the 2022 peak of 0.0094, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 32 RSD
2022 Average 41 RSD
Yearly Trough Low 25 RSD
Transaction Impact: A difference of 6.42 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0063
0.0050
JanuMarcMayJulySeptNove

SLL 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 0.0061, compared to 0.0053 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0061
H2 Avg (Jul–Dec) 0.0053

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0010 RSD (High: 0.0061 / Low: 0.0051). On the other end, August was the most stable month, with a tight range of 0.0001 RSD (High: 0.0052 / Low: 0.0051).

July Spread (Volatile) ±0.0010
August Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and June, 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 July and August, when the average rate fell by 0.0008 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.0062) against the same month in 2022 (average: 0.0091), the exchange rate shifted by -0.0030 (-32.68%).

2023 Avg (January) 0.0062
2022 Avg (January) 0.0091

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0063 0.0061 0.0062
February 0.0063 0.0060 0.0062
March 0.0063 0.0061 0.0062
April 0.0061 0.0060 0.0061
May 0.0062 0.0060 0.0061
June 0.0062 0.0060 0.0061
July 0.0061 0.0051 0.0059
August 0.0052 0.0051 0.0051
September 0.0053 0.0052 0.0052
October 0.0053 0.0052 0.0053
November 0.0053 0.0051 0.0052
December 0.0052 0.0050 0.0051