YEARLY HIGH
11.3785 RSD
YEARLY LOW
10.6424 RSD
YEARLY AVERAGE
10.9520 RSD

2018 TJS to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TJS to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 29, valuing the pair at 11.3785. Conversely, the yearly low was recorded on September 20, dropping to 10.6424.

This high-to-low spread represents a total annual volatility of 0.7361 RSD. From a start-to-finish perspective, comparing the January average rate of 11.0243 to the December average rate of 11.0329, the exchange rate registered a net change of 0.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 11.3785 was down 24.50% compared to the 2017 peak of 15.0704, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 56,893 RSD
2017 Average 62,858 RSD
Yearly Trough Low 53,212 RSD
Transaction Impact: A difference of 3,680.72 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

11.1742
10.7369
JanuMarcMayJulySeptNove

TJS 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 10.9831, compared to 10.9209 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0622 points.

H1 Avg (Jan–Jun) 10.9831
H2 Avg (Jul–Dec) 10.9209

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.4586 RSD (High: 11.2895 / Low: 10.8310). On the other end, November was the most stable month, with a tight range of 0.1625 RSD (High: 11.1278 / Low: 10.9654).

January Spread (Volatile) ±0.4586
November Spread (Stable) ±0.1625

Growth Streaks & Declines

Trends

Between February and May, 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 June and July, when the average rate fell by 0.2783 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2783

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2018: 11.1378) against the same month in 2017 (average: 12.6743), the exchange rate shifted by -1.5365 (-12.12%).

2018 Avg (May) 11.1378
2017 Avg (May) 12.6743

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.2895 10.8310 11.0243
February 10.9833 10.7210 10.8612
March 10.9720 10.7664 10.8665
April 10.9983 10.7740 10.8749
May 11.3785 10.9677 11.1378
June 11.2710 11.0135 11.1339
July 11.0515 10.6691 10.8556
August 11.0389 10.7109 10.8697
September 10.8578 10.6424 10.7734
October 11.0728 10.8301 10.9450
November 11.1278 10.9654 11.0488
December 11.1276 10.9479 11.0329