YEARLY HIGH
356.3093 RSD
YEARLY LOW
314.2518 RSD
YEARLY AVERAGE
336.2864 RSD

2020 KWD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the KWD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 356.3093. Conversely, the yearly low was recorded on December 30, dropping to 314.2518.

This high-to-low spread represents a total annual volatility of 42.0574 RSD. From a start-to-finish perspective, comparing the January average rate of 348.8853 to the December average rate of 316.8707, the exchange rate registered a net change of -9.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 356.3093 was up 0.55% compared to the 2019 peak of 354.3664, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,781,546 RSD
2019 Average 1,731,853 RSD
Yearly Trough Low 1,571,259 RSD
Transaction Impact: A difference of 210,287.24 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

356.6563
313.2538
JanuMarcMayJulySeptNove

KWD 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 346.9380, compared to 325.6348 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 21.3033 points.

H1 Avg (Jan–Jun) 346.9380
H2 Avg (Jul–Dec) 325.6348

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 18.1880 RSD (High: 354.4727 / Low: 336.2847). On the other end, December was the most stable month, with a tight range of 5.0025 RSD (High: 319.2543 / Low: 314.2518).

March Spread (Volatile) ±18.1880
December Spread (Stable) ±5.0025

Growth Streaks & Declines

Trends

Between March and May, 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 May and June, when the average rate fell by 9.4625 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -9.4625

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 353.0394) against the same month in 2019 (average: 343.0644), the exchange rate shifted by +9.9750 (+2.91%).

2020 Avg (February) 353.0394
2019 Avg (February) 343.0644

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 351.8201 345.0007 348.8853
February 356.3093 348.9800 353.0394
March 354.4727 336.2847 343.9144
April 350.5816 342.6826 347.6458
May 352.1817 343.4962 348.8029
June 343.0665 336.3240 339.3404
July 340.1019 324.3114 334.1614
August 327.5974 322.3562 325.2452
September 330.0234 323.0572 326.0946
October 330.3881 324.4450 326.6766
November 330.4606 321.5824 324.7601
December 319.2543 314.2518 316.8707