2020 NZD to RSD Historical Review

YEARLY HIGH

70.5921 RSD

YEARLY LOW

61.6151 RSD

YEARLY AVERAGE

66.9980 RSD

2020 NZD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NZD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 70.5921. Conversely, the yearly low was recorded on March 18, dropping to 61.6151.

This high-to-low spread represents a total annual volatility of 8.9770 RSD. From a start-to-finish perspective, comparing the January average rate of 70.0091 to the December average rate of 68.5526, the exchange rate registered a net change of -2.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 70.5921 was down 2.28% compared to the 2019 peak of 72.2358, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 352,961 RSD

2019 Average 346,807 RSD

Yearly Trough Low 308,076 RSD

Transaction Impact: A difference of 44,885.05 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

70.5847

63.6772

JanuMarcMayJulySeptNove

NZD 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 66.8445, compared to 67.1515 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3069 points.

H1 Avg (Jan–Jun) 66.8445

H2 Avg (Jul–Dec) 67.1515

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 4.8508 RSD (High: 66.4659 / Low: 61.6151). On the other end, December was the most stable month, with a tight range of 1.1269 RSD (High: 69.2134 / Low: 68.0865).

March Spread (Volatile) ±4.8508

December Spread (Stable) ±1.1269

Growth Streaks & Declines

Trends

Between March and July, 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 4.5851 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -4.5851

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 70.0091) against the same month in 2019 (average: 70.2876), the exchange rate shifted by -0.2785 (-0.40%).

2020 Avg (January) 70.0091

2019 Avg (January) 70.2876

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	70.5921	68.6790	70.0091
February	69.8843	66.9120	68.8380
March	66.4659	61.6151	64.2528
April	66.3974	63.6588	65.0153
May	66.6044	64.5035	65.6022
June	68.2538	66.3918	67.3498
July	68.4846	66.1626	67.6243
August	66.6131	64.7950	65.6764
September	67.1386	66.0075	66.5108
October	66.8860	65.4128	66.3418
November	69.1311	66.6093	68.2030
December	69.2134	68.0865	68.5526