YEARLY HIGH
0.0707 CNY
YEARLY LOW
0.0642 CNY
YEARLY AVERAGE
0.0669 CNY

2020 RSD to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the RSD to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 0.0707. Conversely, the yearly low was recorded on February 19, dropping to 0.0642.

This high-to-low spread represents a total annual volatility of 0.0065 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0654 to the December average rate of 0.0677, the exchange rate registered a net change of 3.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0707 was up 4.81% compared to the 2019 peak of 0.0675, 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 354 CNY
2019 Average 328 CNY
Yearly Trough Low 321 CNY
Transaction Impact: A difference of 32.59 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0702
0.0645
JanuMarcMayJulySeptNove

RSD to CNY 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 0.0659, compared to 0.0680 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0659
H2 Avg (Jul–Dec) 0.0680

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.0036 CNY (High: 0.0707 / Low: 0.0671). On the other end, November was the most stable month, with a tight range of 0.0008 CNY (High: 0.0669 / Low: 0.0662).

July Spread (Volatile) ±0.0036
November Spread (Stable) ±0.0008

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 August and September, when the average rate fell by 0.0014 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2020: 0.0683) against the same month in 2019 (average: 0.0655), the exchange rate shifted by +0.0028 (+4.23%).

2020 Avg (July) 0.0683
2019 Avg (July) 0.0655

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0664 0.0647 0.0654
February 0.0661 0.0642 0.0650
March 0.0673 0.0645 0.0661
April 0.0662 0.0647 0.0654
May 0.0674 0.0651 0.0659
June 0.0685 0.0672 0.0678
July 0.0707 0.0671 0.0683
August 0.0703 0.0692 0.0697
September 0.0692 0.0675 0.0683
October 0.0681 0.0663 0.0673
November 0.0669 0.0662 0.0665
December 0.0682 0.0672 0.0677