YEARLY HIGH
4.5635 RSD
YEARLY LOW
3.6404 RSD
YEARLY AVERAGE
4.0875 RSD

2019 UAH to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the UAH to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 4.5635. Conversely, the yearly low was recorded on January 10, dropping to 3.6404.

This high-to-low spread represents a total annual volatility of 0.9230 RSD. From a start-to-finish perspective, comparing the January average rate of 3.7164 to the December average rate of 4.4904, the exchange rate registered a net change of 20.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 4.5635 was up 16.29% compared to the 2018 peak of 3.9241, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 22,817 RSD
2018 Average 18,435 RSD
Yearly Trough Low 18,202 RSD
Transaction Impact: A difference of 4,615.19 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

4.5678
3.6389
JanuMarcMayJulySeptNove

UAH 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 3.8844, compared to 4.2906 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4063 points.

H1 Avg (Jan–Jun) 3.8844
H2 Avg (Jul–Dec) 4.2906

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.2670 RSD (High: 4.2364 / Low: 3.9695). On the other end, May was the most stable month, with a tight range of 0.1185 RSD (High: 4.0356 / Low: 3.9171).

July Spread (Volatile) ±0.2670
May Spread (Stable) ±0.1185

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 0.0497 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0497

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 4.4904) against the same month in 2018 (average: 3.7472), the exchange rate shifted by +0.7433 (+19.84%).

2019 Avg (December) 4.4904
2018 Avg (December) 3.7472

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.7738 3.6404 3.7164
February 3.8732 3.7274 3.8349
March 4.0007 3.8002 3.8874
April 4.0081 3.8591 3.9243
May 4.0356 3.9171 3.9966
June 3.9882 3.8581 3.9468
July 4.2364 3.9695 4.0850
August 4.2564 4.0740 4.1925
September 4.4568 4.2149 4.3219
October 4.3952 4.1974 4.2820
November 4.4557 4.2377 4.3721
December 4.5635 4.4232 4.4904