2020 JMD to RSD Historical Review

YEARLY HIGH

0.8146 RSD

YEARLY LOW

0.6584 RSD

YEARLY AVERAGE

0.7282 RSD

2020 JMD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JMD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.8146. Conversely, the yearly low was recorded on August 18, dropping to 0.6584.

This high-to-low spread represents a total annual volatility of 0.1562 RSD. From a start-to-finish perspective, comparing the January average rate of 0.7872 to the December average rate of 0.6721, the exchange rate registered a net change of -14.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.8146 was down 2.99% compared to the 2019 peak of 0.8397, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,073 RSD

2019 Average 3,944 RSD

Yearly Trough Low 3,292 RSD

Transaction Impact: A difference of 780.84 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.7992

0.6552

JanuMarcMayJulySeptNove

JMD 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 0.7700, compared to 0.6863 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0837 points.

H1 Avg (Jan–Jun) 0.7700

H2 Avg (Jul–Dec) 0.6863

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.0790 RSD (High: 0.7529 / Low: 0.6739). On the other end, December was the most stable month, with a tight range of 0.0151 RSD (High: 0.6780 / Low: 0.6629).

July Spread (Volatile) ±0.0790

December Spread (Stable) ±0.0151

Growth Streaks & Declines

Trends

Between February and April, 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 July and August, when the average rate fell by 0.0505 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0505

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.7866) against the same month in 2019 (average: 0.8278), the exchange rate shifted by -0.0412 (-4.98%).

2020 Avg (March) 0.7866

2019 Avg (March) 0.8278

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8042	0.7615	0.7872
February	0.7838	0.7615	0.7702
March	0.8146	0.7664	0.7866
April	0.8107	0.7586	0.7868
May	0.7636	0.7305	0.7470
June	0.7522	0.7280	0.7423
July	0.7529	0.6739	0.7176
August	0.6785	0.6584	0.6672
September	0.7144	0.6653	0.6938
October	0.7094	0.6794	0.6919
November	0.6960	0.6704	0.6755
December	0.6780	0.6629	0.6721