2019 TND to RSD Historical Review

YEARLY HIGH

37.7676 RSD

YEARLY LOW

33.9192 RSD

YEARLY AVERAGE

36.0076 RSD

2019 TND to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TND to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 37.7676. Conversely, the yearly low was recorded on February 26, dropping to 33.9192.

This high-to-low spread represents a total annual volatility of 3.8483 RSD. From a start-to-finish perspective, comparing the January average rate of 34.9794 to the December average rate of 37.2741, the exchange rate registered a net change of 6.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 37.7676 was down 6.35% compared to the 2018 peak of 40.3272, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 188,838 RSD

2018 Average 190,640 RSD

Yearly Trough Low 169,596 RSD

Transaction Impact: A difference of 19,241.66 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

37.7019

34.1705

JanuMarcMayJulySeptNove

TND 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 34.8986, compared to 37.1167 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2181 points.

H1 Avg (Jan–Jun) 34.8986

H2 Avg (Jul–Dec) 37.1167

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 1.6082 RSD (High: 36.5283 / Low: 34.9200). On the other end, November was the most stable month, with a tight range of 0.4194 RSD (High: 37.5316 / Low: 37.1122).

June Spread (Volatile) ±1.6082

November Spread (Stable) ±0.4194

Growth Streaks & Declines

Trends

Between March and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.4038 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.4038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 37.2741) against the same month in 2018 (average: 35.3401), the exchange rate shifted by +1.9340 (+5.47%).

2019 Avg (December) 37.2741

2018 Avg (December) 35.3401

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	35.2903	34.4078	34.9794
February	35.1130	33.9192	34.5756
March	34.7684	34.0404	34.4647
April	35.0671	34.6053	34.7943
May	35.3387	34.8204	35.0872
June	36.5283	34.9200	35.4904
July	36.8787	36.1156	36.4765
August	37.1917	36.6445	36.9297
September	37.5832	36.8730	37.2595
October	37.6755	37.1764	37.4076
November	37.5316	37.1122	37.3525
December	37.7676	36.8297	37.2741