YEARLY HIGH
0.8658 RSD
YEARLY LOW
0.7090 RSD
YEARLY AVERAGE
0.7640 RSD

2020 ISK to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ISK to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.8658. Conversely, the yearly low was recorded on September 9, dropping to 0.7090.

This high-to-low spread represents a total annual volatility of 0.1568 RSD. From a start-to-finish perspective, comparing the January average rate of 0.8575 to the December average rate of 0.7584, the exchange rate registered a net change of -11.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.8658 was down 3.11% compared to the 2019 peak of 0.8936, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,329 RSD
2019 Average 4,295 RSD
Yearly Trough Low 3,545 RSD
Transaction Impact: A difference of 783.86 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.8714
0.7050
JanuMarcMayJulySeptNove

ISK 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 0.7950, compared to 0.7330 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0620 points.

H1 Avg (Jan–Jun) 0.7950
H2 Avg (Jul–Dec) 0.7330

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0934 RSD (High: 0.8452 / Low: 0.7518). On the other end, January was the most stable month, with a tight range of 0.0132 RSD (High: 0.8658 / Low: 0.8526).

March Spread (Volatile) ±0.0934
January Spread (Stable) ±0.0132

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 February and March, when the average rate fell by 0.0613 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0613

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.8575) against the same month in 2019 (average: 0.8662), the exchange rate shifted by -0.0087 (-1.00%).

2020 Avg (January) 0.8575
2019 Avg (January) 0.8662

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8658 0.8526 0.8575
February 0.8638 0.8428 0.8514
March 0.8452 0.7518 0.7901
April 0.7571 0.7376 0.7492
May 0.7798 0.7372 0.7520
June 0.7904 0.7484 0.7699
July 0.7547 0.7340 0.7421
August 0.7351 0.7165 0.7275
September 0.7340 0.7090 0.7241
October 0.7251 0.7115 0.7188
November 0.7404 0.7145 0.7270
December 0.7744 0.7440 0.7584