YEARLY HIGH
30.2905 RSD
YEARLY LOW
26.2492 RSD
YEARLY AVERAGE
28.3345 RSD

2020 QAR to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the QAR to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 30.2905. Conversely, the yearly low was recorded on December 30, dropping to 26.2492.

This high-to-low spread represents a total annual volatility of 4.0412 RSD. From a start-to-finish perspective, comparing the January average rate of 29.0819 to the December average rate of 26.5274, the exchange rate registered a net change of -8.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 30.2905 was up 2.29% compared to the 2019 peak of 29.6131, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 151,452 RSD
2019 Average 144,536 RSD
Yearly Trough Low 131,246 RSD
Transaction Impact: A difference of 20,206.17 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

30.0332
26.2087
JanuMarcMayJulySeptNove

QAR 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 29.3124, compared to 27.3565 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9559 points.

H1 Avg (Jan–Jun) 29.3124
H2 Avg (Jul–Dec) 27.3565

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.9493 RSD (High: 30.2905 / Low: 28.3411). On the other end, August was the most stable month, with a tight range of 0.4757 RSD (High: 27.5191 / Low: 27.0434).

March Spread (Volatile) ±1.9493
August Spread (Stable) ±0.4757

Growth Streaks & Declines

Trends

Between August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.8995 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.8995

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 29.2096) against the same month in 2019 (average: 28.6814), the exchange rate shifted by +0.5282 (+1.84%).

2020 Avg (March) 29.2096
2019 Avg (March) 28.6814

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 29.3312 28.7847 29.0819
February 29.9355 29.1829 29.5824
March 30.2905 28.3411 29.2096
April 29.9897 29.3807 29.7145
May 29.9039 29.0555 29.5928
June 29.0291 28.4057 28.6933
July 28.7440 27.2096 28.1978
August 27.5191 27.0434 27.3030
September 27.7767 27.0900 27.4016
October 27.7286 27.2272 27.4480
November 27.7396 26.9862 27.2614
December 26.7454 26.2492 26.5274