2020 DJF to RSD Historical Review

YEARLY HIGH

0.6195 RSD

YEARLY LOW

0.5369 RSD

YEARLY AVERAGE

0.5795 RSD

2020 DJF to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DJF to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.6195. Conversely, the yearly low was recorded on December 30, dropping to 0.5369.

This high-to-low spread represents a total annual volatility of 0.0826 RSD. From a start-to-finish perspective, comparing the January average rate of 0.5948 to the December average rate of 0.5426, 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 0.6195 was down 12.01% compared to the 2019 peak of 0.7040, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,097 RSD

2019 Average 2,958 RSD

Yearly Trough Low 2,684 RSD

Transaction Impact: A difference of 413.00 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.6143

0.5361

JanuMarcMayJulySeptNove

DJF 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 0.5995, compared to 0.5595 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0400 points.

H1 Avg (Jan–Jun) 0.5995

H2 Avg (Jul–Dec) 0.5595

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0397 RSD (High: 0.6195 / Low: 0.5797). On the other end, August was the most stable month, with a tight range of 0.0091 RSD (High: 0.5628 / Low: 0.5538).

March Spread (Volatile) ±0.0397

August Spread (Stable) ±0.0091

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 0.0186 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0186

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.5974) against the same month in 2019 (average: 0.5866), the exchange rate shifted by +0.0107 (+1.83%).

2020 Avg (March) 0.5974

2019 Avg (March) 0.5866

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5998	0.5888	0.5948
February	0.6123	0.5969	0.6050
March	0.6195	0.5797	0.5974
April	0.6134	0.6009	0.6077
May	0.6115	0.5950	0.6054
June	0.5936	0.5809	0.5868
July	0.5878	0.5565	0.5767
August	0.5628	0.5538	0.5586
September	0.5680	0.5542	0.5604
October	0.5670	0.5568	0.5613
November	0.5673	0.5519	0.5575
December	0.5470	0.5369	0.5426