YEARLY HIGH
26.4158 RSD
YEARLY LOW
14.8880 RSD
YEARLY AVERAGE
21.2714 RSD

2018 TRY to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TRY to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 26.4158. Conversely, the yearly low was recorded on August 13, dropping to 14.8880.

This high-to-low spread represents a total annual volatility of 11.5278 RSD. From a start-to-finish perspective, comparing the January average rate of 25.7823 to the December average rate of 19.5763, the exchange rate registered a net change of -24.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 26.4158 was down 20.68% compared to the 2017 peak of 33.3037, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 1,320,788 RSD
2017 Average 1,477,888 RSD
Yearly Trough Low 744,400 RSD
Transaction Impact: A difference of 576,387.88 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

26.7513
15.1233
JanuMarcMayJulySeptNove

TRY 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 23.9789, compared to 18.5640 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.4149 points.

H1 Avg (Jan–Jun) 23.9789
H2 Avg (Jul–Dec) 18.5640

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 5.4136 RSD (High: 20.3016 / Low: 14.8880). On the other end, February was the most stable month, with a tight range of 0.3597 RSD (High: 25.4377 / Low: 25.0780).

August Spread (Volatile) ±5.4136
February Spread (Stable) ±0.3597

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 3.7855 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.7855

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 25.7823) against the same month in 2017 (average: 31.1339), the exchange rate shifted by -5.3516 (-17.19%).

2018 Avg (January) 25.7823
2017 Avg (January) 31.1339

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 26.4158 25.3038 25.7823
February 25.4377 25.0780 25.3157
March 25.2119 23.9805 24.6265
April 24.3136 23.0702 23.7058
May 23.8152 21.1928 22.5956
June 22.3982 21.4518 21.8476
July 21.9748 20.5162 21.1644
August 20.3016 14.8880 17.3789
September 16.9232 15.2953 16.0923
October 19.0381 16.6476 17.7558
November 20.0697 18.7640 19.4161
December 20.0883 19.3407 19.5763