YEARLY HIGH
2.9249 RSD
YEARLY LOW
2.4081 RSD
YEARLY AVERAGE
2.6340 RSD

2020 MUR to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MUR to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 9, valuing the pair at 2.9249. Conversely, the yearly low was recorded on December 3, dropping to 2.4081.

This high-to-low spread represents a total annual volatility of 0.5169 RSD. From a start-to-finish perspective, comparing the January average rate of 2.8940 to the December average rate of 2.4393, the exchange rate registered a net change of -15.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.9249 was down 4.22% compared to the 2019 peak of 3.0538, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,625 RSD
2019 Average 14,797 RSD
Yearly Trough Low 12,040 RSD
Transaction Impact: A difference of 2,584.32 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.9396
2.3938
JanuMarcMayJulySeptNove

MUR 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 2.7661, compared to 2.5019 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2642 points.

H1 Avg (Jan–Jun) 2.7661
H2 Avg (Jul–Dec) 2.5019

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1765 RSD (High: 2.8406 / Low: 2.6642). On the other end, January was the most stable month, with a tight range of 0.0342 RSD (High: 2.9064 / Low: 2.8722).

March Spread (Volatile) ±0.1765
January Spread (Stable) ±0.0342

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 0.1259 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1259

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 2.8941) against the same month in 2019 (average: 3.0385), the exchange rate shifted by -0.1444 (-4.75%).

2020 Avg (February) 2.8941
2019 Avg (February) 3.0385

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.9064 2.8722 2.8940
February 2.9249 2.8406 2.8941
March 2.8406 2.6642 2.7682
April 2.7548 2.6960 2.7272
May 2.7317 2.6340 2.6995
June 2.6480 2.5822 2.6136
July 2.6266 2.4767 2.5693
August 2.5229 2.4781 2.5035
September 2.5464 2.4873 2.5072
October 2.5265 2.4686 2.5054
November 2.5265 2.4656 2.4870
December 2.4551 2.4081 2.4393