YEARLY HIGH
49.5587 RSD
YEARLY LOW
45.3522 RSD
YEARLY AVERAGE
47.5686 RSD

2020 FJD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the FJD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 49.5587. Conversely, the yearly low was recorded on March 28, dropping to 45.3522.

This high-to-low spread represents a total annual volatility of 4.2065 RSD. From a start-to-finish perspective, comparing the January average rate of 48.8825 to the December average rate of 46.9709, the exchange rate registered a net change of -3.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 49.5587 was down 14.76% compared to the 2019 peak of 58.1399, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 247,794 RSD
2019 Average 244,221 RSD
Yearly Trough Low 226,761 RSD
Transaction Impact: A difference of 21,032.42 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

49.1307
46.5127
JanuMarcMayJulySeptNove

FJD 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 48.0458, compared to 47.0914 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9545 points.

H1 Avg (Jan–Jun) 48.0458
H2 Avg (Jul–Dec) 47.0914

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 2.9364 RSD (High: 48.2886 / Low: 45.3522). On the other end, December was the most stable month, with a tight range of 0.4932 RSD (High: 47.2789 / Low: 46.7856).

March Spread (Volatile) ±2.9364
December Spread (Stable) ±0.4932

Growth Streaks & Declines

Trends

Between March and May, 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 February and March, when the average rate fell by 2.1289 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.1289

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 48.9125) against the same month in 2019 (average: 49.0792), the exchange rate shifted by -0.1667 (-0.34%).

2020 Avg (February) 48.9125
2019 Avg (February) 49.0792

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 49.1832 48.6115 48.8825
February 49.5587 48.1694 48.9125
March 48.2886 45.3522 46.7836
April 48.4238 46.7398 47.6083
May 48.4300 47.6529 48.1126
June 48.3406 47.3721 47.9755
July 48.5438 46.7003 47.8110
August 47.1126 46.3856 46.7308
September 47.4432 46.6103 46.9744
October 47.2195 46.3839 46.8475
November 47.5011 46.1955 47.2136
December 47.2789 46.7856 46.9709