2020 AZN to RSD Historical Review

YEARLY HIGH

64.7753 RSD

YEARLY LOW

56.1410 RSD

YEARLY AVERAGE

60.5997 RSD

2020 AZN to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the AZN to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 64.7753. Conversely, the yearly low was recorded on December 30, dropping to 56.1410.

This high-to-low spread represents a total annual volatility of 8.6344 RSD. From a start-to-finish perspective, comparing the January average rate of 62.1936 to the December average rate of 56.7435, the exchange rate registered a net change of -8.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 64.7753 was up 2.49% compared to the 2019 peak of 63.2040, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 323,877 RSD

2019 Average 309,103 RSD

Yearly Trough Low 280,705 RSD

Transaction Impact: A difference of 43,171.81 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

64.2301

56.0629

JanuMarcMayJulySeptNove

AZN 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 62.6902, compared to 58.5092 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.1810 points.

H1 Avg (Jan–Jun) 62.6902

H2 Avg (Jul–Dec) 58.5092

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 4.1645 RSD (High: 64.7753 / Low: 60.6109). On the other end, August was the most stable month, with a tight range of 1.0162 RSD (High: 58.8517 / Low: 57.8355).

March Spread (Volatile) ±4.1645

August Spread (Stable) ±1.0162

Growth Streaks & Declines

Trends

Between August and October, 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 1.9387 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.9387

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 62.4643) against the same month in 2019 (average: 61.3394), the exchange rate shifted by +1.1249 (+1.83%).

2020 Avg (March) 62.4643

2019 Avg (March) 61.3394

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	62.7283	61.5595	62.1936
February	64.0206	62.4112	63.2655
March	64.7753	60.6109	62.4643
April	64.1322	62.8341	63.5495
May	63.9530	62.2115	63.3034
June	62.0822	60.7489	61.3648
July	61.4772	58.1909	60.3044
August	58.8517	57.8355	58.4049
September	59.4038	57.9266	58.6001
October	59.3010	58.2320	58.7002
November	59.3245	57.7122	58.3019
December	57.1982	56.1410	56.7435