YEARLY HIGH
26.2162 RSD
YEARLY LOW
23.3683 RSD
YEARLY AVERAGE
24.5557 RSD

2020 MYR to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MYR to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 26.2162. Conversely, the yearly low was recorded on July 30, dropping to 23.3683.

This high-to-low spread represents a total annual volatility of 2.8479 RSD. From a start-to-finish perspective, comparing the January average rate of 25.9646 to the December average rate of 23.8153, the exchange rate registered a net change of -8.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 26.2162 was up 1.60% compared to the 2019 peak of 25.8045, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 524,324 RSD
2019 Average 508,241 RSD
Yearly Trough Low 467,366 RSD
Transaction Impact: A difference of 56,957.22 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

26.1869
23.5188
JanuMarcMayJulySeptNove

MYR 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 25.1299, compared to 23.9815 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1484 points.

H1 Avg (Jan–Jun) 25.1299
H2 Avg (Jul–Dec) 23.9815

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 1.0670 RSD (High: 24.4353 / Low: 23.3683). On the other end, December was the most stable month, with a tight range of 0.2917 RSD (High: 23.9677 / Low: 23.6760).

July Spread (Volatile) ±1.0670
December Spread (Stable) ±0.2917

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 1.1435 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.1435

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 25.9646) against the same month in 2019 (average: 25.1854), the exchange rate shifted by +0.7792 (+3.09%).

2020 Avg (January) 25.9646
2019 Avg (January) 25.1854

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 26.2162 25.5978 25.9646
February 26.1789 25.3705 25.9005
March 25.4136 24.3541 24.7570
April 25.0407 24.6145 24.8739
May 25.2121 24.3623 24.8391
June 24.6432 24.2438 24.4445
July 24.4353 23.3683 24.0705
August 23.9283 23.5330 23.7412
September 24.2944 23.7782 24.0435
October 24.3101 23.8461 24.0710
November 24.3087 23.9845 24.1478
December 23.9677 23.6760 23.8153