Indicator notes

Pressure on the Serbian dinar on May 7, 2024: 42.5 out of 100, in the “Low pressure” zone. The previous reading, on May 4, 2024, was 47.2 (“Moderate pressure”): the indicator fell by 4.7 points and crossed the 45 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. Before that the indicator had stayed in the “Moderate pressure” zone for 9 trading days in a row. Biggest component moves: “Exchange rate volatility” at 13.1 versus 27.3 and “International reserves” at 92.8 versus 93.0. 3 of 4 components were available. This describes that date's reading; it is not a forecast.

Pressure on the Serbian dinar on April 20, 2024: 51.0 out of 100, in the “Moderate pressure” zone. The previous reading, on April 19, 2024, was 56.8 (“High pressure”): the indicator fell by 5.8 points and crossed the 55 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “High pressure” zone for 4 trading days in a row. Biggest component moves: “Exchange rate volatility” at 38.4 versus 55.7 and “Central bank policy rate” at 20.7 versus 20.6. 3 of 4 components were available. This describes that date's reading; it is not a forecast.

Pressure on the Serbian dinar on April 16, 2024: 58.2 out of 100, in the “High pressure” zone. The previous reading, on April 13, 2024, was 46.5 (“Moderate pressure”): the indicator rose sharply by 11.7 points and crossed the 55 boundary. The “High pressure” zone covers readings from 55 to 75: pressure on the currency is clearly above usual. Before that the indicator had stayed in the “Moderate pressure” zone for 2 trading days in a row. Biggest component moves: “International reserves” at 94.6 versus 69.5 and “Exchange rate volatility” at 59.5 versus 49.7. 3 of 4 components were available. This describes that date's reading; it is not a forecast.

Pressure on the Serbian dinar on April 12, 2024: 49.7 out of 100, in the “Moderate pressure” zone. The previous reading, on April 11, 2024, was 39.2 (“Low pressure”): the indicator rose sharply by 10.5 points and crossed the 45 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “Low pressure” zone for 19 trading days in a row. Biggest component moves: “Exchange rate volatility” at 59.4 versus 27.9 and “Central bank policy rate” at 20.1 versus 20.0. 3 of 4 components were available. This describes that date's reading; it is not a forecast.

Pressure on the Serbian dinar on March 16, 2024: 30.5 out of 100, in the “Low pressure” zone. The previous reading, on March 15, 2024, was 21.1 (“Calm”): the indicator rose by 9.4 points and crossed the 25 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. Before that the indicator had stayed in the “Calm” zone for 8 trading days in a row. Biggest component moves: “International reserves” at 70.9 versus 44.2 and “Exchange rate volatility” at 2.4 versus 1.1. 3 of 4 components were available. This describes that date's reading; it is not a forecast.

Pressure on the Serbian dinar on March 5, 2024: 21.4 out of 100, in the “Calm” zone. The previous reading, on March 2, 2024, was 25.2 (“Low pressure”): the indicator fell by 3.8 points and crossed the 25 boundary. The “Calm” zone covers readings from 0 to 25: there is almost no sign of pressure on the currency. The indicator spent a single trading day in the “Low pressure” zone. Biggest component moves: “Exchange rate volatility” at 2.9 versus 14.5 and “Central bank policy rate” at 17.2 versus 17.1. 3 of 4 components were available. This describes that date's reading; it is not a forecast.

Pressure on the Serbian dinar on March 2, 2024: 25.2 out of 100, in the “Low pressure” zone. The previous reading, on March 1, 2024, was 24.9 (“Calm”): the indicator rose slightly by 0.3 points and crossed the 25 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. Biggest component moves: “Exchange rate volatility” at 14.5 versus 13.8 and “Central bank policy rate” at 17.1 versus 17.0. 3 of 4 components were available. This describes that date's reading; it is not a forecast.