YEARLY HIGH
119.1771 RSD
YEARLY LOW
117.1664 RSD
YEARLY AVERAGE
117.6199 RSD

2020 EUR to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the EUR to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 119.1771. Conversely, the yearly low was recorded on December 20, dropping to 117.1664.

This high-to-low spread represents a total annual volatility of 2.0106 RSD. From a start-to-finish perspective, comparing the January average rate of 117.5684 to the December average rate of 117.5942, the exchange rate registered a net change of 0.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 119.1771 was down 0.05% compared to the 2019 peak of 119.2360, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 595,885 RSD
2019 Average 589,254 RSD
Yearly Trough Low 585,832 RSD
Transaction Impact: A difference of 10,053.20 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

117.8103
117.5464
JanuMarcMayJulySeptNove

EUR 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 117.6368, compared to 117.6029 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0339 points.

H1 Avg (Jan–Jun) 117.6368
H2 Avg (Jul–Dec) 117.6029

Volatility Range Comparison

Volatility

The most volatile month in 2020 was May, with a trading range of 1.6399 RSD (High: 119.1771 / Low: 117.5371). On the other end, April was the most stable month, with a tight range of 0.2112 RSD (High: 117.6785 / Low: 117.4673).

May Spread (Volatile) ±1.6399
April Spread (Stable) ±0.2112

Growth Streaks & Declines

Trends

Between January and March, 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 0.2145 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2145

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 117.7883) against the same month in 2019 (average: 117.9626), the exchange rate shifted by -0.1742 (-0.15%).

2020 Avg (May) 117.7883
2019 Avg (May) 117.9626

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 117.8910 117.4466 117.5684
February 118.0857 117.3148 117.5801
March 118.5961 117.3798 117.7351
April 117.6785 117.4673 117.5750
May 119.1771 117.5371 117.7883
June 117.7882 117.4943 117.5738
July 117.8086 117.5289 117.6216
August 118.0838 117.5289 117.6318
September 117.7233 117.4907 117.5857
October 117.8960 117.4281 117.5999
November 117.7604 117.4709 117.5844
December 117.8194 117.1664 117.5942