2020 NPR to RSD Historical Review

YEARLY HIGH

0.9540 RSD

YEARLY LOW

0.8117 RSD

YEARLY AVERAGE

0.8709 RSD

2020 NPR to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NPR to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 0.9540. Conversely, the yearly low was recorded on December 21, dropping to 0.8117.

This high-to-low spread represents a total annual volatility of 0.1423 RSD. From a start-to-finish perspective, comparing the January average rate of 0.9291 to the December average rate of 0.8201, the exchange rate registered a net change of -11.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.9540 was down 1.23% compared to the 2019 peak of 0.9659, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,770 RSD

2019 Average 4,675 RSD

Yearly Trough Low 4,058 RSD

Transaction Impact: A difference of 711.42 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.9543

0.8079

JanuMarcMayJulySeptNove

NPR 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 0.9011, compared to 0.8407 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0604 points.

H1 Avg (Jan–Jun) 0.9011

H2 Avg (Jul–Dec) 0.8407

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0555 RSD (High: 0.9269 / Low: 0.8714). On the other end, September was the most stable month, with a tight range of 0.0150 RSD (High: 0.8579 / Low: 0.8430).

March Spread (Volatile) ±0.0555

September Spread (Stable) ±0.0150

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 0.0477 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0477

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.9421) against the same month in 2019 (average: 0.9154), the exchange rate shifted by +0.0267 (+2.91%).

2020 Avg (February) 0.9421

2019 Avg (February) 0.9154

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9367	0.9129	0.9291
February	0.9540	0.9269	0.9421
March	0.9269	0.8714	0.8943
April	0.8968	0.8780	0.8882
May	0.9015	0.8749	0.8910
June	0.8751	0.8514	0.8622
July	0.8757	0.8284	0.8563
August	0.8437	0.8264	0.8336
September	0.8579	0.8430	0.8494
October	0.8564	0.8413	0.8494
November	0.8479	0.8295	0.8355
December	0.8267	0.8117	0.8201