2023 SRD to RSD Historical Review

YEARLY HIGH

3.5297 RSD

YEARLY LOW

2.7215 RSD

YEARLY AVERAGE

2.9749 RSD

2023 SRD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SRD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 3.5297. Conversely, the yearly low was recorded on July 19, dropping to 2.7215.

This high-to-low spread represents a total annual volatility of 0.8082 RSD. From a start-to-finish perspective, comparing the January average rate of 3.4205 to the December average rate of 2.8728, the exchange rate registered a net change of -16.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 3.5297 was down 34.82% compared to the 2022 peak of 5.4152, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 17,649 RSD

2022 Average 23,506 RSD

Yearly Trough Low 13,608 RSD

Transaction Impact: A difference of 4,041.16 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

3.4834

2.7280

JanuMarcMayJulySeptNove

SRD 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 3.0993, compared to 2.8505 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2488 points.

H1 Avg (Jan–Jun) 3.0993

H2 Avg (Jul–Dec) 2.8505

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.3166 RSD (High: 3.3143 / Low: 2.9977). On the other end, October was the most stable month, with a tight range of 0.0535 RSD (High: 2.9340 / Low: 2.8805).

March Spread (Volatile) ±0.3166

October Spread (Stable) ±0.0535

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 0.2593 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2593

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 3.4205) against the same month in 2022 (average: 4.9091), the exchange rate shifted by -1.4886 (-30.32%).

2023 Avg (January) 3.4205

2022 Avg (January) 4.9091

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3.5297	3.3294	3.4205
February	3.4037	3.2608	3.3426
March	3.3143	2.9977	3.1668
April	3.0072	2.8302	2.9075
May	2.9430	2.8186	2.8903
June	2.9336	2.7932	2.8682
July	2.9114	2.7215	2.7909
August	2.8445	2.7632	2.8088
September	2.9217	2.8156	2.8683
October	2.9340	2.8805	2.9093
November	2.9050	2.8115	2.8529
December	2.9041	2.8399	2.8728