YEARLY HIGH
54.8623 RSD
YEARLY LOW
47.4152 RSD
YEARLY AVERAGE
51.2074 RSD

2020 BZD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BZD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 54.8623. Conversely, the yearly low was recorded on December 30, dropping to 47.4152.

This high-to-low spread represents a total annual volatility of 7.4471 RSD. From a start-to-finish perspective, comparing the January average rate of 52.5312 to the December average rate of 47.9226, the exchange rate registered a net change of -8.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 54.8623 was up 2.56% compared to the 2019 peak of 53.4910, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 274,312 RSD
2019 Average 261,166 RSD
Yearly Trough Low 237,076 RSD
Transaction Impact: A difference of 37,235.56 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

54.3577
47.3376
JanuMarcMayJulySeptNove

BZD 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 52.9851, compared to 49.4296 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.5555 points.

H1 Avg (Jan–Jun) 52.9851
H2 Avg (Jul–Dec) 49.4296

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 3.5579 RSD (High: 54.8623 / Low: 51.3045). On the other end, December was the most stable month, with a tight range of 0.8952 RSD (High: 48.3105 / Low: 47.4152).

March Spread (Volatile) ±3.5579
December Spread (Stable) ±0.8952

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 1.6515 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.6515

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 52.8585) against the same month in 2019 (average: 51.8639), the exchange rate shifted by +0.9946 (+1.92%).

2020 Avg (March) 52.8585
2019 Avg (March) 51.8639

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 52.9891 51.7287 52.5312
February 54.0625 52.7189 53.4339
March 54.8623 51.3045 52.8585
April 54.2684 53.0952 53.7727
May 54.0190 52.5692 53.4830
June 52.4535 51.3245 51.8315
July 51.9159 49.1563 50.9450
August 49.9303 48.9095 49.3787
September 50.1648 48.9437 49.4950
October 50.0953 49.1795 49.5844
November 50.1015 48.7457 49.2518
December 48.3105 47.4152 47.9226