YEARLY HIGH
0.9999 RSD
YEARLY LOW
0.9740 RSD
YEARLY AVERAGE
0.9831 RSD

2023 XPF to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the XPF to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 5, valuing the pair at 0.9999. Conversely, the yearly low was recorded on March 19, dropping to 0.9740.

This high-to-low spread represents a total annual volatility of 0.0259 RSD. From a start-to-finish perspective, comparing the January average rate of 0.9836 to the December average rate of 0.9824, 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 0.9999 was up 0.60% compared to the 2022 peak of 0.9939, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,000 RSD
2022 Average 4,921 RSD
Yearly Trough Low 4,870 RSD
Transaction Impact: A difference of 129.53 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.9847
0.9822
JanuMarcMayJulySeptNove

XPF 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 0.9835, compared to 0.9826 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.9835
H2 Avg (Jul–Dec) 0.9826

Volatility Range Comparison

Volatility

The most volatile month in 2023 was May, with a trading range of 0.0225 RSD (High: 0.9999 / Low: 0.9774). On the other end, August was the most stable month, with a tight range of 0.0029 RSD (High: 0.9840 / Low: 0.9812).

May Spread (Volatile) ±0.0225
August Spread (Stable) ±0.0029

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 0.0014 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2023: 0.9839) against the same month in 2022 (average: 0.9847), the exchange rate shifted by -0.0008 (-0.08%).

2023 Avg (May) 0.9839
2022 Avg (May) 0.9847

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9854 0.9814 0.9836
February 0.9868 0.9802 0.9833
March 0.9910 0.9740 0.9830
April 0.9927 0.9741 0.9844
May 0.9999 0.9774 0.9839
June 0.9848 0.9802 0.9825
July 0.9843 0.9814 0.9824
August 0.9840 0.9812 0.9828
September 0.9846 0.9809 0.9830
October 0.9898 0.9795 0.9827
November 0.9961 0.9795 0.9826
December 0.9853 0.9807 0.9824