2020 GNF to RSD Historical Review

YEARLY HIGH

0.0117 RSD

YEARLY LOW

0.0095 RSD

YEARLY AVERAGE

0.0107 RSD

2020 GNF to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GNF to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.0117. Conversely, the yearly low was recorded on December 30, dropping to 0.0095.

This high-to-low spread represents a total annual volatility of 0.0021 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0112 to the December average rate of 0.0097, the exchange rate registered a net change of -12.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0117 was down 1.15% compared to the 2019 peak of 0.0118, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 58 RSD

2019 Average 57 RSD

Yearly Trough Low 48 RSD

Transaction Impact: A difference of 10.60 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0116

0.0095

JanuMarcMayJulySeptNove

GNF 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 0.0112, compared to 0.0102 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0112

H2 Avg (Jul–Dec) 0.0102

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0008 RSD (High: 0.0117 / Low: 0.0109). On the other end, September was the most stable month, with a tight range of 0.0002 RSD (High: 0.0104 / Low: 0.0102).

March Spread (Volatile) ±0.0008

September Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0004 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0112) against the same month in 2019 (average: 0.0114), the exchange rate shifted by -0.0002 (-1.33%).

2020 Avg (March) 0.0112

2019 Avg (March) 0.0114

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0113	0.0109	0.0112
February	0.0115	0.0112	0.0114
March	0.0117	0.0109	0.0112
April	0.0116	0.0113	0.0114
May	0.0116	0.0111	0.0114
June	0.0111	0.0108	0.0109
July	0.0109	0.0103	0.0107
August	0.0104	0.0102	0.0103
September	0.0104	0.0102	0.0103
October	0.0103	0.0101	0.0102
November	0.0103	0.0100	0.0101
December	0.0099	0.0095	0.0097