2023 SVC to RSD Historical Review

YEARLY HIGH

12.7988 RSD

YEARLY LOW

11.9205 RSD

YEARLY AVERAGE

12.3957 RSD

2023 SVC to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the SVC to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 12.7988. Conversely, the yearly low was recorded on July 17, dropping to 11.9205.

This high-to-low spread represents a total annual volatility of 0.8783 RSD. From a start-to-finish perspective, comparing the January average rate of 12.4356 to the December average rate of 12.2543, the exchange rate registered a net change of -1.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 12.7988 was down 8.41% compared to the 2022 peak of 13.9741, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 63,994 RSD

2022 Average 63,825 RSD

Yearly Trough Low 59,603 RSD

Transaction Impact: A difference of 4,391.41 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

12.7498

12.0749

JanuMarcMayJulySeptNove

SVC 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 12.4044, compared to 12.3871 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0173 points.

H1 Avg (Jan–Jun) 12.4044

H2 Avg (Jul–Dec) 12.3871

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.5355 RSD (High: 12.7199 / Low: 12.1844). On the other end, October was the most stable month, with a tight range of 0.2446 RSD (High: 12.7988 / Low: 12.5542).

February Spread (Volatile) ±0.5355

October Spread (Stable) ±0.2446

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 0.3003 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 12.6936) against the same month in 2022 (average: 13.6321), the exchange rate shifted by -0.9385 (-6.88%).

2023 Avg (October) 12.6936

2022 Avg (October) 13.6321

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.7396	12.2838	12.4356
February	12.7199	12.1844	12.5294
March	12.7128	12.2942	12.5312
April	12.3931	12.1238	12.2308
May	12.5358	12.0970	12.3403
June	12.5279	12.1961	12.3591
July	12.3508	11.9205	12.1312
August	12.4136	12.1685	12.2860
September	12.7465	12.4115	12.5576
October	12.7988	12.5542	12.6936
November	12.6570	12.1901	12.3998
December	12.4413	12.0358	12.2543