YEARLY HIGH
0.0050 RSD
YEARLY LOW
0.0046 RSD
YEARLY AVERAGE
0.0048 RSD

2023 STD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the STD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.0050. Conversely, the yearly low was recorded on July 17, dropping to 0.0046.

This high-to-low spread represents a total annual volatility of 0.0005 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0048 to the December average rate of 0.0048, the exchange rate registered a net change of 1.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.0050 was down 6.61% compared to the 2022 peak of 0.0054, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 25 RSD
2022 Average 25 RSD
Yearly Trough Low 23 RSD
Transaction Impact: A difference of 2.30 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.0050
0.0046
JanuMarcMayJulySeptNove

STD 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 0.0048, compared to 0.0048 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0048
H2 Avg (Jul–Dec) 0.0048

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 0.0002 RSD (High: 0.0048 / Low: 0.0046). On the other end, August was the most stable month, with a tight range of 0.0001 RSD (High: 0.0049 / Low: 0.0048).

July Spread (Volatile) ±0.0002
August Spread (Stable) ±0.0001

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 October and November, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.0050) against the same month in 2022 (average: 0.0052), the exchange rate shifted by -0.0002 (-4.36%).

2023 Avg (October) 0.0050
2022 Avg (October) 0.0052

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0049 0.0047 0.0048
February 0.0049 0.0047 0.0048
March 0.0049 0.0047 0.0048
April 0.0047 0.0046 0.0047
May 0.0048 0.0046 0.0047
June 0.0048 0.0047 0.0047
July 0.0048 0.0046 0.0047
August 0.0049 0.0048 0.0048
September 0.0050 0.0049 0.0049
October 0.0050 0.0049 0.0050
November 0.0050 0.0048 0.0049
December 0.0049 0.0047 0.0048