YEARLY HIGH
0.9449 RSD
YEARLY LOW
0.8764 RSD
YEARLY AVERAGE
0.9138 RSD

2023 VUV to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the VUV to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.9449. Conversely, the yearly low was recorded on July 17, dropping to 0.8764.

This high-to-low spread represents a total annual volatility of 0.0685 RSD. From a start-to-finish perspective, comparing the January average rate of 0.9218 to the December average rate of 0.9041, the exchange rate registered a net change of -1.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.9449 was down 7.61% compared to the 2022 peak of 1.0227, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,725 RSD
2022 Average 4,777 RSD
Yearly Trough Low 4,382 RSD
Transaction Impact: A difference of 342.56 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9392
0.8870
JanuMarcMayJulySeptNove

VUV 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 0.9154, compared to 0.9123 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 0.9154
H2 Avg (Jul–Dec) 0.9123

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0393 RSD (High: 0.9425 / Low: 0.9031). On the other end, August was the most stable month, with a tight range of 0.0178 RSD (High: 0.9149 / Low: 0.8971).

February Spread (Volatile) ±0.0393
August Spread (Stable) ±0.0178

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 0.0287 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0287

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 0.9218) against the same month in 2022 (average: 0.9170), the exchange rate shifted by +0.0048 (+0.52%).

2023 Avg (January) 0.9218
2022 Avg (January) 0.9170

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9449 0.9106 0.9218
February 0.9425 0.9031 0.9288
March 0.9421 0.9095 0.9272
April 0.9095 0.8873 0.8985
May 0.9216 0.8897 0.9071
June 0.9210 0.8969 0.9088
July 0.9078 0.8764 0.8913
August 0.9149 0.8971 0.9055
September 0.9404 0.9153 0.9253
October 0.9436 0.9249 0.9349
November 0.9324 0.8978 0.9128
December 0.9171 0.8884 0.9041