YEARLY HIGH
0.0925 RSD
YEARLY LOW
0.0654 RSD
YEARLY AVERAGE
0.0863 RSD

2020 IQD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the IQD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.0925. Conversely, the yearly low was recorded on December 30, dropping to 0.0654.

This high-to-low spread represents a total annual volatility of 0.0271 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0888 to the December average rate of 0.0772, the exchange rate registered a net change of -13.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0925 was up 2.34% compared to the 2019 peak of 0.0904, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 462 RSD
2019 Average 442 RSD
Yearly Trough Low 327 RSD
Transaction Impact: A difference of 135.33 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0922
0.0758
JanuMarcMayJulySeptNove

IQD 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 0.0896, compared to 0.0829 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0067 points.

H1 Avg (Jan–Jun) 0.0896
H2 Avg (Jul–Dec) 0.0829

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.0163 RSD (High: 0.0817 / Low: 0.0654). On the other end, August was the most stable month, with a tight range of 0.0015 RSD (High: 0.0840 / Low: 0.0826).

December Spread (Volatile) ±0.0163
August Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between August and October, 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 November and December, when the average rate fell by 0.0061 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0893) against the same month in 2019 (average: 0.0877), the exchange rate shifted by +0.0016 (+1.81%).

2020 Avg (March) 0.0893
2019 Avg (March) 0.0877

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0896 0.0873 0.0888
February 0.0914 0.0891 0.0904
March 0.0925 0.0867 0.0893
April 0.0916 0.0899 0.0908
May 0.0915 0.0889 0.0905
June 0.0887 0.0869 0.0877
July 0.0879 0.0831 0.0861
August 0.0840 0.0826 0.0833
September 0.0850 0.0826 0.0837
October 0.0848 0.0832 0.0839
November 0.0848 0.0824 0.0833
December 0.0817 0.0654 0.0772