YEARLY HIGH
31.8199 RSD
YEARLY LOW
27.7783 RSD
YEARLY AVERAGE
29.9914 RSD

2020 ILS to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ILS to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 31.8199. Conversely, the yearly low was recorded on March 17, dropping to 27.7783.

This high-to-low spread represents a total annual volatility of 4.0416 RSD. From a start-to-finish perspective, comparing the January average rate of 30.6032 to the December average rate of 29.7678, the exchange rate registered a net change of -2.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 31.8199 was up 2.78% compared to the 2019 peak of 30.9580, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 159,100 RSD
2019 Average 147,769 RSD
Yearly Trough Low 138,891 RSD
Transaction Impact: A difference of 20,208.18 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

31.5909
28.9179
JanuMarcMayJulySeptNove

ILS 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 30.4692, compared to 29.5137 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9555 points.

H1 Avg (Jan–Jun) 30.4692
H2 Avg (Jul–Dec) 29.5137

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 2.8797 RSD (High: 30.6580 / Low: 27.7783). On the other end, November was the most stable month, with a tight range of 0.4592 RSD (High: 29.7988 / Low: 29.3396).

March Spread (Volatile) ±2.8797
November Spread (Stable) ±0.4592

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.7261 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.7261

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 31.3681) against the same month in 2019 (average: 28.7239), the exchange rate shifted by +2.6443 (+9.21%).

2020 Avg (February) 31.3681
2019 Avg (February) 28.7239

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 30.9343 30.2328 30.6032
February 31.8199 30.6646 31.3681
March 30.6580 27.7783 29.6420
April 31.0342 29.7109 30.3230
May 30.9827 30.2070 30.6391
June 30.5532 29.7076 30.2394
July 30.4389 29.0704 29.9147
August 29.5016 28.9603 29.2606
September 29.5276 28.6918 29.1406
October 29.7023 29.2073 29.4479
November 29.7988 29.3396 29.5502
December 30.0305 29.5065 29.7678