YEARLY HIGH
1.0251 RSD
YEARLY LOW
0.9268 RSD
YEARLY AVERAGE
0.9661 RSD

2020 JPY to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JPY to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 1.0251. Conversely, the yearly low was recorded on December 30, dropping to 0.9268.

This high-to-low spread represents a total annual volatility of 0.0983 RSD. From a start-to-finish perspective, comparing the January average rate of 0.9693 to the December average rate of 0.9311, the exchange rate registered a net change of -3.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.0251 was up 1.25% compared to the 2019 peak of 1.0125, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 512,542 RSD
2019 Average 482,902 RSD
Yearly Trough Low 463,406 RSD
Transaction Impact: A difference of 49,135.50 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.0125
0.9237
JanuMarcMayJulySeptNove

JPY 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 0.9860, compared to 0.9461 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0398 points.

H1 Avg (Jan–Jun) 0.9860
H2 Avg (Jul–Dec) 0.9461

Volatility Range Comparison

Volatility

The most volatile month in 2020 was May, with a trading range of 0.0424 RSD (High: 1.0251 / Low: 0.9827). On the other end, December was the most stable month, with a tight range of 0.0072 RSD (High: 0.9340 / Low: 0.9268).

May Spread (Volatile) ±0.0424
December Spread (Stable) ±0.0072

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0345 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0345

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 1.0051) against the same month in 2019 (average: 0.9585), the exchange rate shifted by +0.0465 (+4.85%).

2020 Avg (May) 1.0051
2019 Avg (May) 0.9585

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9803 0.9576 0.9693
February 0.9907 0.9712 0.9800
March 1.0056 0.9719 0.9878
April 1.0172 0.9908 1.0031
May 1.0251 0.9827 1.0051
June 0.9843 0.9495 0.9706
July 0.9745 0.9428 0.9616
August 0.9452 0.9293 0.9381
September 0.9581 0.9313 0.9446
October 0.9647 0.9415 0.9498
November 0.9655 0.9439 0.9517
December 0.9340 0.9268 0.9311