YEARLY HIGH
7.0141 RSD
YEARLY LOW
6.0764 RSD
YEARLY AVERAGE
6.5259 RSD

2020 EGP to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the EGP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 7.0141. Conversely, the yearly low was recorded on December 30, dropping to 6.0764.

This high-to-low spread represents a total annual volatility of 0.9377 RSD. From a start-to-finish perspective, comparing the January average rate of 6.6606 to the December average rate of 6.1573, the exchange rate registered a net change of -7.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 7.0141 was up 5.80% compared to the 2019 peak of 6.6293, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 35,070 RSD
2019 Average 31,341 RSD
Yearly Trough Low 30,382 RSD
Transaction Impact: A difference of 4,688.28 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

6.9397
6.0861
JanuMarcMayJulySeptNove

EGP 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 6.7455, compared to 6.3062 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4393 points.

H1 Avg (Jan–Jun) 6.7455
H2 Avg (Jul–Dec) 6.3062

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.4390 RSD (High: 7.0141 / Low: 6.5750). On the other end, August was the most stable month, with a tight range of 0.1030 RSD (High: 6.2815 / Low: 6.1785).

March Spread (Volatile) ±0.4390
August Spread (Stable) ±0.1030

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 0.3758 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3758

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 6.7799) against the same month in 2019 (average: 6.0106), the exchange rate shifted by +0.7693 (+12.80%).

2020 Avg (March) 6.7799
2019 Avg (March) 6.0106

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.7567 6.5330 6.6606
February 7.0055 6.7154 6.8685
March 7.0141 6.5750 6.7799
April 6.9174 6.7758 6.8624
May 6.9685 6.6901 6.8387
June 6.6328 6.3873 6.4629
July 6.5206 6.2034 6.4138
August 6.2815 6.1785 6.2396
September 6.4137 6.2134 6.3232
October 6.4463 6.3031 6.3618
November 6.4264 6.2846 6.3416
December 6.2182 6.0764 6.1573