YEARLY HIGH
14.4432 RSD
YEARLY LOW
12.2612 RSD
YEARLY AVERAGE
13.3633 RSD

2020 GTQ to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GTQ to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 14.4432. Conversely, the yearly low was recorded on December 30, dropping to 12.2612.

This high-to-low spread represents a total annual volatility of 2.1820 RSD. From a start-to-finish perspective, comparing the January average rate of 13.7547 to the December average rate of 12.3772, the exchange rate registered a net change of -10.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 14.4432 was up 3.49% compared to the 2019 peak of 13.9556, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 72,216 RSD
2019 Average 68,355 RSD
Yearly Trough Low 61,306 RSD
Transaction Impact: A difference of 10,909.92 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

14.2640
12.2056
JanuMarcMayJulySeptNove

GTQ 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 13.8818, compared to 12.8448 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0369 points.

H1 Avg (Jan–Jun) 13.8818
H2 Avg (Jul–Dec) 12.8448

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.0360 RSD (High: 14.4432 / Low: 13.4072). On the other end, October was the most stable month, with a tight range of 0.2083 RSD (High: 12.9498 / Low: 12.7415).

March Spread (Volatile) ±1.0360
October Spread (Stable) ±0.2083

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 July and August, when the average rate fell by 0.4294 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.4294

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 13.8304) against the same month in 2019 (average: 13.5759), the exchange rate shifted by +0.2545 (+1.87%).

2020 Avg (March) 13.8304
2019 Avg (March) 13.5759

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.9349 13.5327 13.7547
February 14.2825 13.8638 14.0925
March 14.4432 13.4072 13.8304
April 14.1475 13.8858 14.0348
May 14.1278 13.7795 14.0007
June 13.7458 13.4528 13.5774
July 13.5905 12.8683 13.3377
August 13.0131 12.7702 12.9083
September 13.0054 12.7589 12.8625
October 12.9498 12.7415 12.8423
November 12.9533 12.5729 12.7411
December 12.4764 12.2612 12.3772