2020 KES to RSD Historical Review

YEARLY HIGH

1.0775 RSD

YEARLY LOW

0.8593 RSD

YEARLY AVERAGE

0.9706 RSD

2020 KES to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the KES to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 1.0775. Conversely, the yearly low was recorded on December 17, dropping to 0.8593.

This high-to-low spread represents a total annual volatility of 0.2182 RSD. From a start-to-finish perspective, comparing the January average rate of 1.0474 to the December average rate of 0.8743, the exchange rate registered a net change of -16.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.0775 was up 2.17% compared to the 2019 peak of 1.0546, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,387 RSD

2019 Average 5,160 RSD

Yearly Trough Low 4,296 RSD

Transaction Impact: A difference of 1,090.79 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.0876

0.8549

JanuMarcMayJulySeptNove

KES 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 1.0248, compared to 0.9164 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1084 points.

H1 Avg (Jan–Jun) 1.0248

H2 Avg (Jul–Dec) 0.9164

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.0623 RSD (High: 0.9817 / Low: 0.9194). On the other end, October was the most stable month, with a tight range of 0.0182 RSD (High: 0.9290 / Low: 0.9108).

July Spread (Volatile) ±0.0623

October Spread (Stable) ±0.0182

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0435 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0435

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 1.0682) against the same month in 2019 (average: 1.0391), the exchange rate shifted by +0.0291 (+2.80%).

2020 Avg (February) 1.0682

2019 Avg (February) 1.0391

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0604	1.0301	1.0474
February	1.0775	1.0561	1.0682
March	1.0582	1.0029	1.0247
April	1.0263	1.0018	1.0164
May	1.0270	0.9917	1.0101
June	0.9897	0.9706	0.9819
July	0.9817	0.9194	0.9567
August	0.9273	0.9079	0.9196
September	0.9321	0.9107	0.9200
October	0.9290	0.9108	0.9198
November	0.9286	0.8929	0.9079
December	0.8876	0.8593	0.8743