YEARLY HIGH
41.4539 RSD
YEARLY LOW
38.5829 RSD
YEARLY AVERAGE
40.1152 RSD

2023 XCD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XCD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 41.4539. Conversely, the yearly low was recorded on July 17, dropping to 38.5829.

This high-to-low spread represents a total annual volatility of 2.8711 RSD. From a start-to-finish perspective, comparing the January average rate of 40.2636 to the December average rate of 39.7166, the exchange rate registered a net change of -1.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 41.4539 was down 8.40% compared to the 2022 peak of 45.2545, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 207,270 RSD
2022 Average 206,650 RSD
Yearly Trough Low 192,914 RSD
Transaction Impact: A difference of 14,355.41 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

41.2514
39.0461
JanuMarcMayJulySeptNove

XCD 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 40.1409, compared to 40.0895 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0514 points.

H1 Avg (Jan–Jun) 40.1409
H2 Avg (Jul–Dec) 40.0895

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 1.7187 RSD (High: 41.1652 / Low: 39.4465). On the other end, August was the most stable month, with a tight range of 0.7831 RSD (High: 40.1905 / Low: 39.4074).

February Spread (Volatile) ±1.7187
August Spread (Stable) ±0.7831

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 October and November, when the average rate fell by 0.9699 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.9699

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 41.0676) against the same month in 2022 (average: 44.1300), the exchange rate shifted by -3.0624 (-6.94%).

2023 Avg (October) 41.0676
2022 Avg (October) 44.1300

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 41.2721 39.7758 40.2636
February 41.1652 39.4465 40.5704
March 41.1512 39.8096 40.5104
April 40.0403 39.0624 39.5575
May 40.5712 39.1669 39.9354
June 40.5489 39.4849 40.0081
July 39.9654 38.5829 39.2299
August 40.1905 39.4074 39.7768
September 41.3136 40.2109 40.6483
October 41.4539 40.6313 41.0676
November 40.9587 39.4391 40.0977
December 40.2865 39.0291 39.7166