2020 RSD to ARS Historical Review

YEARLY HIGH

0.8803 ARS

YEARLY LOW

0.5630 ARS

YEARLY AVERAGE

0.6872 ARS

2020 RSD to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the RSD to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.8803. Conversely, the yearly low was recorded on January 26, dropping to 0.5630.

This high-to-low spread represents a total annual volatility of 0.3173 ARS. From a start-to-finish perspective, comparing the January average rate of 0.5659 to the December average rate of 0.8547, the exchange rate registered a net change of 51.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.8803 was up 54.18% compared to the 2019 peak of 0.5710, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,402 ARS

2019 Average 2,286 ARS

Yearly Trough Low 2,815 ARS

Transaction Impact: A difference of 1,586.71 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.8836

0.5370

JanuMarcMayJulySeptNove

RSD to ARS 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 0.6044, compared to 0.7700 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1656 points.

H1 Avg (Jan–Jun) 0.6044

H2 Avg (Jul–Dec) 0.7700

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.0550 ARS (High: 0.7294 / Low: 0.6744). On the other end, January was the most stable month, with a tight range of 0.0088 ARS (High: 0.5718 / Low: 0.5630).

July Spread (Volatile) ±0.0550

January Spread (Stable) ±0.0088

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.8547) against the same month in 2019 (average: 0.5654), the exchange rate shifted by +0.2894 (+51.18%).

2020 Avg (December) 0.8547

2019 Avg (December) 0.5654

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5718	0.5630	0.5659
February	0.5809	0.5655	0.5689
March	0.6105	0.5755	0.5935
April	0.6221	0.5961	0.6058
May	0.6461	0.6135	0.6267
June	0.6737	0.6488	0.6653
July	0.7294	0.6744	0.6952
August	0.7524	0.7244	0.7364
September	0.7600	0.7473	0.7532
October	0.7890	0.7611	0.7758
November	0.8256	0.7764	0.8047
December	0.8803	0.8363	0.8547