2020 NOK to RSD Historical Review

YEARLY HIGH

11.9543 RSD

YEARLY LOW

9.3099 RSD

YEARLY AVERAGE

10.9745 RSD

2020 NOK to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 11.9543. Conversely, the yearly low was recorded on March 21, dropping to 9.3099.

This high-to-low spread represents a total annual volatility of 2.6444 RSD. From a start-to-finish perspective, comparing the January average rate of 11.8403 to the December average rate of 11.1003, the exchange rate registered a net change of -6.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 11.9543 was down 3.32% compared to the 2019 peak of 12.3648, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 59,772 RSD

2019 Average 59,835 RSD

Yearly Trough Low 46,550 RSD

Transaction Impact: A difference of 13,221.85 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

11.9860

10.2378

JanuMarcMayJulySeptNove

NOK 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 10.9743, compared to 10.9747 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 10.9743

H2 Avg (Jul–Dec) 10.9747

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 2.0862 RSD (High: 11.3962 / Low: 9.3099). On the other end, December was the most stable month, with a tight range of 0.1879 RSD (High: 11.1981 / Low: 11.0103).

March Spread (Volatile) ±2.0862

December Spread (Stable) ±0.1879

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.2006 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.2006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 11.8403) against the same month in 2019 (average: 12.1211), the exchange rate shifted by -0.2809 (-2.32%).

2020 Avg (January) 11.8403

2019 Avg (January) 12.1211

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.9543	11.5422	11.8403
February	11.7563	11.3753	11.5953
March	11.3962	9.3099	10.3947
April	10.5765	10.0911	10.3834
May	10.8988	10.2923	10.6828
June	11.2441	10.7796	10.9496
July	11.2042	10.9393	11.0396
August	11.2847	10.9525	11.1142
September	11.2692	10.5710	10.9063
October	10.8919	10.5658	10.7528
November	11.1752	10.5457	10.9350
December	11.1981	11.0103	11.1003