2020 RSD to CDF Historical Review

YEARLY HIGH

20.6264 CDF

YEARLY LOW

15.3285 CDF

YEARLY AVERAGE

17.9984 CDF

2020 RSD to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the RSD to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 20.6264. Conversely, the yearly low was recorded on December 6, dropping to 15.3285.

This high-to-low spread represents a total annual volatility of 5.2979 CDF. From a start-to-finish perspective, comparing the January average rate of 15.9288 to the December average rate of 20.2355, the exchange rate registered a net change of 27.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 20.6264 was up 28.23% compared to the 2019 peak of 16.0855, 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 103,132 CDF

2019 Average 78,523 CDF

Yearly Trough Low 76,642 CDF

Transaction Impact: A difference of 26,489.42 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

20.6895

15.2417

JanuMarcMayJulySeptNove

RSD to CDF 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 16.3400, compared to 19.6567 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.3167 points.

H1 Avg (Jan–Jun) 16.3400

H2 Avg (Jul–Dec) 19.6567

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 5.2979 CDF (High: 20.6264 / Low: 15.3285). On the other end, January was the most stable month, with a tight range of 0.3074 CDF (High: 16.1171 / Low: 15.8097).

December Spread (Volatile) ±5.2979

January Spread (Stable) ±0.3074

Growth Streaks & Declines

Trends

Between April and August, 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 January and February, when the average rate fell by 0.2332 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.2332

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 20.2355) against the same month in 2019 (average: 15.8665), the exchange rate shifted by +4.3690 (+27.54%).

2020 Avg (December) 20.2355

2019 Avg (December) 15.8665

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.1171	15.8097	15.9288
February	15.9112	15.5115	15.6957
March	16.4728	15.4770	16.0331
April	16.0968	15.7138	15.8820
May	17.2173	15.9434	16.5779
June	18.3948	17.2777	17.9226
July	19.8547	18.2748	18.9597
August	19.9517	19.4836	19.7463
September	19.8891	19.4398	19.6748
October	19.7872	18.1162	19.5137
November	20.0529	19.4390	19.8105
December	20.6264	15.3285	20.2355