YEARLY HIGH
0.3570 RSD
YEARLY LOW
0.3192 RSD
YEARLY AVERAGE
0.3351 RSD

2020 HUF to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HUF to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.3570. Conversely, the yearly low was recorded on October 28, dropping to 0.3192.

This high-to-low spread represents a total annual volatility of 0.0377 RSD. From a start-to-finish perspective, comparing the January average rate of 0.3519 to the December average rate of 0.3276, the exchange rate registered a net change of -6.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.3570 was down 5.27% compared to the 2019 peak of 0.3768, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 356,974 RSD
2019 Average 362,324 RSD
Yearly Trough Low 319,224 RSD
Transaction Impact: A difference of 37,749.61 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3547
0.3217
JanuMarcMayJulySeptNove

HUF 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 0.3407, compared to 0.3296 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0111 points.

H1 Avg (Jan–Jun) 0.3407
H2 Avg (Jul–Dec) 0.3296

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0284 RSD (High: 0.3537 / Low: 0.3252). On the other end, February was the most stable month, with a tight range of 0.0045 RSD (High: 0.3503 / Low: 0.3458).

March Spread (Volatile) ±0.0284
February Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

Between April and June, 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 August and September, when the average rate fell by 0.0111 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0111

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.3519) against the same month in 2019 (average: 0.3703), the exchange rate shifted by -0.0184 (-4.98%).

2020 Avg (January) 0.3519
2019 Avg (January) 0.3703

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3570 0.3476 0.3519
February 0.3503 0.3458 0.3484
March 0.3537 0.3252 0.3406
April 0.3348 0.3210 0.3298
May 0.3394 0.3315 0.3351
June 0.3428 0.3298 0.3382
July 0.3415 0.3307 0.3351
August 0.3415 0.3305 0.3374
September 0.3303 0.3213 0.3263
October 0.3303 0.3192 0.3245
November 0.3313 0.3206 0.3266
December 0.3322 0.3221 0.3276