2023 UYU to RSD Historical Review

YEARLY HIGH

2.9147 RSD

YEARLY LOW

2.6803 RSD

YEARLY AVERAGE

2.7931 RSD

2023 UYU to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the UYU to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 2.9147. Conversely, the yearly low was recorded on December 17, dropping to 2.6803.

This high-to-low spread represents a total annual volatility of 0.2345 RSD. From a start-to-finish perspective, comparing the January average rate of 2.7562 to the December average rate of 2.7331, the exchange rate registered a net change of -0.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 2.9147 was down 2.15% compared to the 2022 peak of 2.9789, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,574 RSD

2022 Average 13,591 RSD

Yearly Trough Low 13,401 RSD

Transaction Impact: A difference of 1,172.27 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

2.9038

2.7163

JanuMarcMayJulySeptNove

UYU 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 2.7867, compared to 2.7995 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0128 points.

H1 Avg (Jan–Jun) 2.7867

H2 Avg (Jul–Dec) 2.7995

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 0.1480 RSD (High: 2.9010 / Low: 2.7530). On the other end, September was the most stable month, with a tight range of 0.0586 RSD (High: 2.9147 / Low: 2.8561).

October Spread (Volatile) ±0.1480

September Spread (Stable) ±0.0586

Growth Streaks & Declines

Trends

Between April and June, 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 September and October, when the average rate fell by 0.0862 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0862

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2023: 2.8882) against the same month in 2022 (average: 2.8955), the exchange rate shifted by -0.0074 (-0.25%).

2023 Avg (September) 2.8882

2022 Avg (September) 2.8955

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7993	2.7154	2.7562
February	2.8614	2.7548	2.8059
March	2.8441	2.7624	2.8004
April	2.7888	2.7281	2.7575
May	2.8289	2.7113	2.7760
June	2.8658	2.7903	2.8242
July	2.8795	2.7347	2.8022
August	2.8789	2.7833	2.8396
September	2.9147	2.8561	2.8882
October	2.9010	2.7530	2.8020
November	2.7685	2.7038	2.7319
December	2.7813	2.6803	2.7331