YEARLY HIGH
0.3089 RSD
YEARLY LOW
0.2677 RSD
YEARLY AVERAGE
0.2890 RSD

2020 MRO to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MRO to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.3089. Conversely, the yearly low was recorded on December 30, dropping to 0.2677.

This high-to-low spread represents a total annual volatility of 0.0412 RSD. From a start-to-finish perspective, comparing the January average rate of 0.2966 to the December average rate of 0.2706, the exchange rate registered a net change of -8.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.3089 was up 2.49% compared to the 2019 peak of 0.3014, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,545 RSD
2019 Average 1,474 RSD
Yearly Trough Low 1,339 RSD
Transaction Impact: A difference of 205.88 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3063
0.2674
JanuMarcMayJulySeptNove

MRO 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 0.2990, compared to 0.2790 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0199 points.

H1 Avg (Jan–Jun) 0.2990
H2 Avg (Jul–Dec) 0.2790

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0199 RSD (High: 0.3089 / Low: 0.2890). On the other end, August was the most stable month, with a tight range of 0.0048 RSD (High: 0.2807 / Low: 0.2758).

March Spread (Volatile) ±0.0199
August Spread (Stable) ±0.0048

Growth Streaks & Declines

Trends

Between August and October, 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 0.0092 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0092

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.2979) against the same month in 2019 (average: 0.2925), the exchange rate shifted by +0.0054 (+1.83%).

2020 Avg (March) 0.2979
2019 Avg (March) 0.2925

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2991 0.2936 0.2966
February 0.3053 0.2976 0.3017
March 0.3089 0.2890 0.2979
April 0.3058 0.2996 0.3031
May 0.3050 0.2967 0.3019
June 0.2961 0.2897 0.2926
July 0.2932 0.2775 0.2876
August 0.2807 0.2758 0.2785
September 0.2833 0.2762 0.2795
October 0.2828 0.2777 0.2799
November 0.2829 0.2752 0.2780
December 0.2728 0.2677 0.2706