YEARLY HIGH
148.7700 RSD
YEARLY LOW
140.1112 RSD
YEARLY AVERAGE
144.6845 RSD

2023 XDR to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XDR to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 148.7700. Conversely, the yearly low was recorded on July 14, dropping to 140.1112.

This high-to-low spread represents a total annual volatility of 8.6588 RSD. From a start-to-finish perspective, comparing the January average rate of 146.1823 to the December average rate of 143.1436, the exchange rate registered a net change of -2.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 148.7700 was down 13.42% compared to the 2022 peak of 171.8267, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 743,850 RSD
2022 Average 765,596 RSD
Yearly Trough Low 700,556 RSD
Transaction Impact: A difference of 43,294.04 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

147.2838
142.0289
JanuMarcMayJulySeptNove

XDR 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 145.4715, compared to 143.8975 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.5740 points.

H1 Avg (Jan–Jun) 145.4715
H2 Avg (Jul–Dec) 143.8975

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 4.3494 RSD (High: 148.1046 / Low: 143.7552). On the other end, August was the most stable month, with a tight range of 2.1917 RSD (High: 144.4558 / Low: 142.2641).

February Spread (Volatile) ±4.3494
August Spread (Stable) ±2.1917

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 2.4752 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.4752

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2023: 146.1823) against the same month in 2022 (average: 145.7033), the exchange rate shifted by +0.4790 (+0.33%).

2023 Avg (January) 146.1823
2022 Avg (January) 145.7033

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 148.7700 145.0151 146.1823
February 148.1046 143.7552 146.8459
March 147.9387 144.0712 146.0816
April 145.4844 143.0371 144.2927
May 146.3653 142.5267 145.1175
June 146.2396 142.6105 144.3094
July 144.1827 140.1112 142.4668
August 144.4558 142.2641 143.5101
September 146.7736 144.2336 145.2287
October 147.2651 144.0643 145.7556
November 145.1129 141.9615 143.2804
December 144.7219 141.3314 143.1436