2020 BND to RSD Historical Review

YEARLY HIGH

78.8696 RSD

YEARLY LOW

71.8665 RSD

YEARLY AVERAGE

74.7754 RSD

2020 BND to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BND to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 24, valuing the pair at 78.8696. Conversely, the yearly low was recorded on December 21, dropping to 71.8665.

This high-to-low spread represents a total annual volatility of 7.0030 RSD. From a start-to-finish perspective, comparing the January average rate of 78.3825 to the December average rate of 72.5039, the exchange rate registered a net change of -7.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 78.8696 was down 1.00% compared to the 2019 peak of 79.6641, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 394,348 RSD

2019 Average 383,697 RSD

Yearly Trough Low 359,333 RSD

Transaction Impact: A difference of 35,015.11 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

78.9703

71.9161

JanuMarcMayJulySeptNove

BND 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 76.3382, compared to 73.2125 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.1257 points.

H1 Avg (Jan–Jun) 76.3382

H2 Avg (Jul–Dec) 73.2125

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 3.2414 RSD (High: 76.7458 / Low: 73.5043). On the other end, August was the most stable month, with a tight range of 0.8140 RSD (High: 73.0026 / Low: 72.1886).

March Spread (Volatile) ±3.2414

August Spread (Stable) ±0.8140

Growth Streaks & Declines

Trends

Between August and November, 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 February and March, when the average rate fell by 2.4257 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.4257

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 78.3825) against the same month in 2019 (average: 66.1311), the exchange rate shifted by +12.2514 (+18.53%).

2020 Avg (January) 78.3825

2019 Avg (January) 66.1311

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	78.8696	77.5058	78.3825
February	78.3411	76.5701	77.5352
March	76.7458	73.5043	75.1096
April	76.7131	74.8163	75.9637
May	76.7410	74.7386	76.0535
June	75.5275	74.0159	74.9848
July	75.1014	72.0281	73.9374
August	73.0026	72.1886	72.6030
September	73.8750	72.5712	73.0598
October	74.0068	73.0591	73.5134
November	74.0324	73.1579	73.6575
December	72.8917	71.8665	72.5039