2020 RON to RSD Historical Review

YEARLY HIGH

24.7115 RSD

YEARLY LOW

24.0853 RSD

YEARLY AVERAGE

24.3088 RSD

2020 RON to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the RON to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 24.7115. Conversely, the yearly low was recorded on October 14, dropping to 24.0853.

This high-to-low spread represents a total annual volatility of 0.6262 RSD. From a start-to-finish perspective, comparing the January average rate of 24.6031 to the December average rate of 24.1427, the exchange rate registered a net change of -1.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 24.7115 was down 3.37% compared to the 2019 peak of 25.5732, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 123,557 RSD

2019 Average 124,141 RSD

Yearly Trough Low 120,426 RSD

Transaction Impact: A difference of 3,131.03 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

24.6504

24.0820

JanuMarcMayJulySeptNove

RON 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 24.4106, compared to 24.2070 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2036 points.

H1 Avg (Jan–Jun) 24.4106

H2 Avg (Jul–Dec) 24.2070

Volatility Range Comparison

Volatility

The most volatile month in 2020 was February, with a trading range of 0.2787 RSD (High: 24.7115 / Low: 24.4327). On the other end, December was the most stable month, with a tight range of 0.0658 RSD (High: 24.1772 / Low: 24.1114).

February Spread (Volatile) ±0.2787

December Spread (Stable) ±0.0658

Growth Streaks & Declines

Trends

Between June and August, 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 February and March, when the average rate fell by 0.2485 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2485

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 24.5893) against the same month in 2019 (average: 24.8848), the exchange rate shifted by -0.2955 (-1.19%).

2020 Avg (February) 24.5893

2019 Avg (February) 24.8848

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	24.6652	24.5696	24.6031
February	24.7115	24.4327	24.5893
March	24.4650	24.1945	24.3408
April	24.3817	24.2493	24.3134
May	24.4191	24.2573	24.3181
June	24.3578	24.2170	24.2990
July	24.3686	24.2695	24.3116
August	24.4319	24.2879	24.3227
September	24.2906	24.1010	24.1932
October	24.1844	24.0853	24.1294
November	24.1772	24.0922	24.1423
December	24.1772	24.1114	24.1427