2023 RSD to CZK Historical Review

YEARLY HIGH

0.2111 CZK

YEARLY LOW

0.1982 CZK

YEARLY AVERAGE

0.2047 CZK

2023 RSD to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the RSD to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.2111. Conversely, the yearly low was recorded on April 13, dropping to 0.1982.

This high-to-low spread represents a total annual volatility of 0.0128 CZK. From a start-to-finish perspective, comparing the January average rate of 0.2041 to the December average rate of 0.2089, the exchange rate registered a net change of 2.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 0.2111 was down 3.69% compared to the 2022 peak of 0.2191, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,055 CZK

2022 Average 1,046 CZK

Yearly Trough Low 991 CZK

Transaction Impact: A difference of 64.18 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

0.2106

0.1990

JanuMarcMayJulySeptNove

RSD to CZK 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 0.2020, compared to 0.2074 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0055 points.

H1 Avg (Jan–Jun) 0.2020

H2 Avg (Jul–Dec) 0.2074

Volatility Range Comparison

Volatility

The most volatile month in 2023 was March, with a trading range of 0.0075 CZK (High: 0.2067 / Low: 0.1993). On the other end, June was the most stable month, with a tight range of 0.0025 CZK (High: 0.2034 / Low: 0.2009).

March Spread (Volatile) ±0.0075

June Spread (Stable) ±0.0025

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0021 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 0.2089) against the same month in 2022 (average: 0.2068), the exchange rate shifted by +0.0021 (+1.03%).

2023 Avg (December) 0.2089

2022 Avg (December) 0.2068

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2059	0.2026	0.2041
February	0.2034	0.2004	0.2022
March	0.2067	0.1993	0.2021
April	0.2022	0.1982	0.2000
May	0.2027	0.1994	0.2014
June	0.2034	0.2009	0.2022
July	0.2060	0.2024	0.2038
August	0.2070	0.2042	0.2057
September	0.2095	0.2055	0.2079
October	0.2108	0.2071	0.2096
November	0.2106	0.2058	0.2087
December	0.2111	0.2070	0.2089