YEARLY HIGH
0.1963 RSD
YEARLY LOW
0.1832 RSD
YEARLY AVERAGE
0.1904 RSD

2023 SOS to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SOS to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.1963. Conversely, the yearly low was recorded on July 17, dropping to 0.1832.

This high-to-low spread represents a total annual volatility of 0.0131 RSD. From a start-to-finish perspective, comparing the January average rate of 0.1913 to the December average rate of 0.1877, the exchange rate registered a net change of -1.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1963 was down 8.73% compared to the 2022 peak of 0.2150, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 981 RSD
2022 Average 971 RSD
Yearly Trough Low 916 RSD
Transaction Impact: A difference of 65.45 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1952
0.1856
JanuMarcMayJulySeptNove

SOS 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 0.1908, compared to 0.1900 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) 0.1908
H2 Avg (Jul–Dec) 0.1900

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0083 RSD (High: 0.1958 / Low: 0.1875). On the other end, August was the most stable month, with a tight range of 0.0039 RSD (High: 0.1909 / Low: 0.1869).

February Spread (Volatile) ±0.0083
August Spread (Stable) ±0.0039

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 0.0046 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.1944) against the same month in 2022 (average: 0.2099), the exchange rate shifted by -0.0154 (-7.36%).

2023 Avg (October) 0.1944
2022 Avg (October) 0.2099

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1960 0.1890 0.1913
February 0.1958 0.1875 0.1928
March 0.1955 0.1891 0.1928
April 0.1906 0.1866 0.1882
May 0.1929 0.1861 0.1898
June 0.1927 0.1876 0.1901
July 0.1898 0.1832 0.1864
August 0.1909 0.1869 0.1889
September 0.1955 0.1907 0.1927
October 0.1963 0.1922 0.1944
November 0.1939 0.1865 0.1899
December 0.1907 0.1846 0.1877