YEARLY HIGH
15.5695 RSD
YEARLY LOW
14.1351 RSD
YEARLY AVERAGE
14.9457 RSD

2020 CNY to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CNY to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 15.5695. Conversely, the yearly low was recorded on July 30, dropping to 14.1351.

This high-to-low spread represents a total annual volatility of 1.4344 RSD. From a start-to-finish perspective, comparing the January average rate of 15.2919 to the December average rate of 14.7711, the exchange rate registered a net change of -3.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 15.5695 was down 1.07% compared to the 2019 peak of 15.7376, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 389,237 RSD
2019 Average 380,948 RSD
Yearly Trough Low 353,377 RSD
Transaction Impact: A difference of 35,860.20 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

15.5010
14.2428
JanuMarcMayJulySeptNove

CNY 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 15.1744, compared to 14.7170 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4574 points.

H1 Avg (Jan–Jun) 15.1744
H2 Avg (Jul–Dec) 14.7170

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.7603 RSD (High: 14.8954 / Low: 14.1351). On the other end, November was the most stable month, with a tight range of 0.1770 RSD (High: 15.1162 / Low: 14.9392).

July Spread (Volatile) ±0.7603
November Spread (Stable) ±0.1770

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 May and June, when the average rate fell by 0.4205 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.4205

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 15.3961) against the same month in 2019 (average: 15.4496), the exchange rate shifted by -0.0535 (-0.35%).

2020 Avg (February) 15.3961
2019 Avg (February) 15.4496

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.4518 15.0513 15.2919
February 15.5695 15.1383 15.3961
March 15.5134 14.8519 15.1335
April 15.4506 15.1064 15.3007
May 15.3593 14.8396 15.1724
June 14.8700 14.5908 14.7519
July 14.8954 14.1351 14.6447
August 14.4568 14.2253 14.3477
September 14.8209 14.4424 14.6415
October 15.0885 14.6809 14.8639
November 15.1162 14.9392 15.0332
December 14.8786 14.6521 14.7711