2023 YER to RSD Historical Review

YEARLY HIGH

0.4474 RSD

YEARLY LOW

0.4166 RSD

YEARLY AVERAGE

0.4331 RSD

2023 YER to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the YER to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 0.4474. Conversely, the yearly low was recorded on July 15, dropping to 0.4166.

This high-to-low spread represents a total annual volatility of 0.0308 RSD. From a start-to-finish perspective, comparing the January average rate of 0.4347 to the December average rate of 0.4290, the exchange rate registered a net change of -1.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.4474 was down 8.42% compared to the 2022 peak of 0.4885, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,237 RSD

2022 Average 2,232 RSD

Yearly Trough Low 2,083 RSD

Transaction Impact: A difference of 154.06 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.4453

0.4216

JanuMarcMayJulySeptNove

YER 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 0.4334, compared to 0.4328 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.4334

H2 Avg (Jul–Dec) 0.4328

Volatility Range Comparison

Volatility

The most volatile month in 2023 was February, with a trading range of 0.0186 RSD (High: 0.4444 / Low: 0.4257). On the other end, August was the most stable month, with a tight range of 0.0086 RSD (High: 0.4340 / Low: 0.4254).

February Spread (Volatile) ±0.0186

August Spread (Stable) ±0.0086

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 0.0105 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0105

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2023: 0.4434) against the same month in 2022 (average: 0.4766), the exchange rate shifted by -0.0332 (-6.97%).

2023 Avg (October) 0.4434

2022 Avg (October) 0.4766

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4456	0.4293	0.4347
February	0.4444	0.4257	0.4380
March	0.4443	0.4297	0.4374
April	0.4322	0.4217	0.4271
May	0.4380	0.4228	0.4311
June	0.4377	0.4263	0.4319
July	0.4314	0.4166	0.4235
August	0.4340	0.4254	0.4295
September	0.4460	0.4343	0.4388
October	0.4474	0.4387	0.4434
November	0.4422	0.4258	0.4329
December	0.4349	0.4214	0.4290