YEARLY HIGH
3.5222 RSD
YEARLY LOW
3.3035 RSD
YEARLY AVERAGE
3.4080 RSD

2019 TWD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TWD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 3.5222. Conversely, the yearly low was recorded on August 5, dropping to 3.3035.

This high-to-low spread represents a total annual volatility of 0.2186 RSD. From a start-to-finish perspective, comparing the January average rate of 3.3655 to the December average rate of 3.4975, the exchange rate registered a net change of 3.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 3.5222 was up 3.09% compared to the 2018 peak of 3.4165, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 17,611 RSD
2018 Average 16,625 RSD
Yearly Trough Low 16,518 RSD
Transaction Impact: A difference of 1,093.15 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

3.5131
3.3261
JanuMarcMayJulySeptNove

TWD 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 3.3752, compared to 3.4408 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0656 points.

H1 Avg (Jan–Jun) 3.3752
H2 Avg (Jul–Dec) 3.4408

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.1148 RSD (High: 3.4184 / Low: 3.3035). On the other end, February was the most stable month, with a tight range of 0.0416 RSD (High: 3.3996 / Low: 3.3580).

August Spread (Volatile) ±0.1148
February Spread (Stable) ±0.0416

Growth Streaks & Declines

Trends

Between August and December, 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 0.0344 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0344

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 3.4975) against the same month in 2018 (average: 3.3783), the exchange rate shifted by +0.1192 (+3.53%).

2019 Avg (December) 3.4975
2018 Avg (December) 3.3783

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.3911 3.3300 3.3655
February 3.3996 3.3580 3.3808
March 3.4106 3.3542 3.3835
April 3.4242 3.3800 3.4039
May 3.4160 3.3397 3.3761
June 3.3762 3.3174 3.3417
July 3.4121 3.3599 3.3800
August 3.4184 3.3035 3.3736
September 3.4742 3.3917 3.4360
October 3.4916 3.4460 3.4669
November 3.5150 3.4530 3.4910
December 3.5222 3.4750 3.4975