YEARLY HIGH
0.1819 RSD
YEARLY LOW
0.1772 RSD
YEARLY AVERAGE
0.1788 RSD

2023 XAF to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XAF to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 0.1819. Conversely, the yearly low was recorded on March 19, dropping to 0.1772.

This high-to-low spread represents a total annual volatility of 0.0047 RSD. From a start-to-finish perspective, comparing the January average rate of 0.1789 to the December average rate of 0.1787, the exchange rate registered a net change of -0.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.1819 was up 0.60% compared to the 2022 peak of 0.1808, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 910 RSD
2022 Average 895 RSD
Yearly Trough Low 886 RSD
Transaction Impact: A difference of 23.56 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.1791
0.1787
JanuMarcMayJulySeptNove

XAF 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 0.1789, compared to 0.1788 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.1789
H2 Avg (Jul–Dec) 0.1788

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0041 RSD (High: 0.1819 / Low: 0.1778). On the other end, August was the most stable month, with a tight range of 0.0005 RSD (High: 0.1790 / Low: 0.1785).

May Spread (Volatile) ±0.0041
August Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between July and September, 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 May and June, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.1790) against the same month in 2022 (average: 0.1791), the exchange rate shifted by -0.0001 (-0.08%).

2023 Avg (May) 0.1790
2022 Avg (May) 0.1791

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1793 0.1785 0.1789
February 0.1795 0.1783 0.1789
March 0.1803 0.1772 0.1788
April 0.1806 0.1772 0.1791
May 0.1819 0.1778 0.1790
June 0.1792 0.1783 0.1787
July 0.1791 0.1785 0.1787
August 0.1790 0.1785 0.1788
September 0.1791 0.1784 0.1788
October 0.1801 0.1782 0.1788
November 0.1812 0.1782 0.1787
December 0.1792 0.1784 0.1787