2023 WST to RSD Historical Review

YEARLY HIGH

41.3486 RSD

YEARLY LOW

37.6707 RSD

YEARLY AVERAGE

39.6934 RSD

2023 WST to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the WST to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 41.3486. Conversely, the yearly low was recorded on December 27, dropping to 37.6707.

This high-to-low spread represents a total annual volatility of 3.6779 RSD. From a start-to-finish perspective, comparing the January average rate of 40.3382 to the December average rate of 38.3343, the exchange rate registered a net change of -4.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 41.3486 was down 7.27% compared to the 2022 peak of 44.5893, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 206,743 RSD

2022 Average 208,713 RSD

Yearly Trough Low 188,354 RSD

Transaction Impact: A difference of 18,389.58 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

40.8768

38.1031

JanuMarcMayJulySeptNove

WST 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 40.0084, compared to 39.3784 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6300 points.

H1 Avg (Jan–Jun) 40.0084

H2 Avg (Jul–Dec) 39.3784

Volatility Range Comparison

Volatility

The most volatile month in 2023 was October, with a trading range of 1.9936 RSD (High: 41.2107 / Low: 39.2171). On the other end, August was the most stable month, with a tight range of 0.7785 RSD (High: 39.9547 / Low: 39.1762).

October Spread (Volatile) ±1.9936

August Spread (Stable) ±0.7785

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 October and November, when the average rate fell by 1.6660 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.6660

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 40.3382) against the same month in 2022 (average: 39.9237), the exchange rate shifted by +0.4146 (+1.04%).

2023 Avg (January) 40.3382

2022 Avg (January) 39.9237

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	41.3486	39.8495	40.3382
February	41.2415	39.5196	40.6456
March	41.2275	39.7026	40.5722
April	39.7030	38.7334	39.2243
May	40.2294	38.8369	39.5989
June	40.2073	39.1523	39.6711
July	39.6287	38.2578	38.9124
August	39.9547	39.1762	39.5434
September	41.0712	39.9750	40.4098
October	41.2107	39.2171	40.3682
November	39.5332	38.0665	38.7022
December	38.8844	37.6707	38.3343