YEARLY HIGH
11.2684 RSD
YEARLY LOW
10.8202 RSD
YEARLY AVERAGE
11.0490 RSD

2019 TJS to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TJS to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 31, valuing the pair at 11.2684. Conversely, the yearly low was recorded on December 31, dropping to 10.8202.

This high-to-low spread represents a total annual volatility of 0.4482 RSD. From a start-to-finish perspective, comparing the January average rate of 10.9912 to the December average rate of 10.9208, the exchange rate registered a net change of -0.64% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 11.2684 was down 0.97% compared to the 2018 peak of 11.3785, 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 56,342 RSD
2018 Average 54,763 RSD
Yearly Trough Low 54,101 RSD
Transaction Impact: A difference of 2,240.90 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

11.1993
10.8955
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 11.0781, compared to 11.0199 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0582 points.

H1 Avg (Jan–Jun) 11.0781
H2 Avg (Jul–Dec) 11.0199

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.3359 RSD (High: 11.2683 / Low: 10.9324). On the other end, May was the most stable month, with a tight range of 0.1153 RSD (High: 11.2380 / Low: 11.1227).

August Spread (Volatile) ±0.3359
May Spread (Stable) ±0.1153

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.1110 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1110

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2019: 11.1279) against the same month in 2018 (average: 10.8556), the exchange rate shifted by +0.2723 (+2.51%).

2019 Avg (July) 11.1279
2018 Avg (July) 10.8556

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.0919 10.8621 10.9912
February 11.1129 10.9562 11.0384
March 11.1768 10.9345 11.0713
April 11.2275 11.0587 11.1310
May 11.2380 11.1227 11.1740
June 11.2139 10.9700 11.0629
July 11.2684 11.0107 11.1279
August 11.2683 10.9324 11.1146
September 11.0993 10.9518 11.0190
October 11.1267 10.8638 10.9668
November 11.0267 10.8506 10.9704
December 11.0352 10.8202 10.9208