YEARLY HIGH
0.0917 RSD
YEARLY LOW
0.0829 RSD
YEARLY AVERAGE
0.0875 RSD

2020 KRW to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the KRW to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 12, valuing the pair at 0.0917. Conversely, the yearly low was recorded on August 31, dropping to 0.0829.

This high-to-low spread represents a total annual volatility of 0.0088 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0908 to the December average rate of 0.0883, the exchange rate registered a net change of -2.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0917 was down 1.81% compared to the 2019 peak of 0.0934, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 458,459 RSD
2019 Average 451,817 RSD
Yearly Trough Low 414,580 RSD
Transaction Impact: A difference of 43,878.95 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0915
0.0830
JanuMarcMayJulySeptNove

KRW 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 0.0885, compared to 0.0865 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0885
H2 Avg (Jul–Dec) 0.0865

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.0040 RSD (High: 0.0873 / Low: 0.0833). On the other end, November was the most stable month, with a tight range of 0.0014 RSD (High: 0.0897 / Low: 0.0883).

July Spread (Volatile) ±0.0040
November Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0027 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.0901) against the same month in 2019 (average: 0.0927), the exchange rate shifted by -0.0026 (-2.81%).

2020 Avg (February) 0.0901
2019 Avg (February) 0.0927

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0915 0.0888 0.0908
February 0.0917 0.0881 0.0901
March 0.0892 0.0854 0.0874
April 0.0893 0.0868 0.0885
May 0.0890 0.0857 0.0877
June 0.0873 0.0853 0.0866
July 0.0873 0.0833 0.0856
August 0.0845 0.0829 0.0838
September 0.0863 0.0832 0.0847
October 0.0891 0.0860 0.0873
November 0.0897 0.0883 0.0890
December 0.0895 0.0870 0.0883