2025 TOP to RSD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2025.
2025 TOP to RSD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2025
During 2025, the TOP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 47.5897. Conversely, the yearly low was recorded on September 16, dropping to 40.9956.
This high-to-low spread represents a total annual volatility of 6.5941 RSD. From a start-to-finish perspective, comparing the January average rate of 46.5730 to the December average rate of 41.6013, the exchange rate registered a net change of -10.68% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2025 high of 47.5897 was up 0.80% compared to the 2024 peak of 47.2139, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2025.
TOP to RSD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 44.4938, compared to 41.7299 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.7639 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2025 was April, with a trading range of 2.7183 RSD (High: 45.0996 / Low: 42.3813). On the other end, August was the most stable month, with a tight range of 0.5264 RSD (High: 42.0350 / Low: 41.5086).
Growth Streaks & Declines
TrendsBetween September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.7509 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2025: 46.5730) against the same month in 2024 (average: 45.6179), the exchange rate shifted by +0.9552 (+2.09%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 47.5897 | 45.8697 | 46.5730 |
| February | 47.2057 | 46.2603 | 46.6232 |
| March | 46.8979 | 44.4857 | 45.0830 |
| April | 45.0996 | 42.3813 | 43.3321 |
| May | 43.8536 | 42.7795 | 43.1374 |
| June | 42.8995 | 41.2877 | 42.2143 |
| July | 42.5977 | 41.2178 | 41.6353 |
| August | 42.0350 | 41.5086 | 41.7549 |
| September | 41.8268 | 40.9956 | 41.4734 |
| October | 42.1904 | 41.4386 | 41.8042 |
| November | 42.3938 | 41.8481 | 42.1104 |
| December | 41.9992 | 41.3417 | 41.6013 |