2020 BIF to RSD Historical Review

YEARLY HIGH

0.0583 RSD

YEARLY LOW

0.0492 RSD

YEARLY AVERAGE

0.0539 RSD

2020 BIF to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BIF to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.0583. Conversely, the yearly low was recorded on December 30, dropping to 0.0492.

This high-to-low spread represents a total annual volatility of 0.0091 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0562 to the December average rate of 0.0497, the exchange rate registered a net change of -11.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0583 was down 0.08% compared to the 2019 peak of 0.0583, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 292 RSD

2019 Average 286 RSD

Yearly Trough Low 246 RSD

Transaction Impact: A difference of 45.42 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0578

0.0490

JanuMarcMayJulySeptNove

BIF 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 0.0563, compared to 0.0515 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0048 points.

H1 Avg (Jan–Jun) 0.0563

H2 Avg (Jul–Dec) 0.0515

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0037 RSD (High: 0.0583 / Low: 0.0546). On the other end, October was the most stable month, with a tight range of 0.0008 RSD (High: 0.0520 / Low: 0.0512).

March Spread (Volatile) ±0.0037

October Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0018 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0562) against the same month in 2019 (average: 0.0574), the exchange rate shifted by -0.0012 (-2.01%).

2020 Avg (March) 0.0562

2019 Avg (March) 0.0574

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0567	0.0557	0.0562
February	0.0577	0.0562	0.0570
March	0.0583	0.0546	0.0562
April	0.0576	0.0564	0.0571
May	0.0573	0.0555	0.0566
June	0.0556	0.0544	0.0548
July	0.0547	0.0514	0.0534
August	0.0520	0.0511	0.0516
September	0.0524	0.0511	0.0517
October	0.0520	0.0512	0.0517
November	0.0522	0.0506	0.0512
December	0.0502	0.0492	0.0497