YEARLY HIGH
1.8627 DJF
YEARLY LOW
1.6143 DJF
YEARLY AVERAGE
1.7281 DJF

2020 RSD to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the RSD to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1.8627. Conversely, the yearly low was recorded on March 19, dropping to 1.6143.

This high-to-low spread represents a total annual volatility of 0.2484 DJF. From a start-to-finish perspective, comparing the January average rate of 1.6813 to the December average rate of 1.8429, the exchange rate registered a net change of 9.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.8627 was up 7.19% compared to the 2019 peak of 1.7377, 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 9,313 DJF
2019 Average 8,454 DJF
Yearly Trough Low 8,071 DJF
Transaction Impact: A difference of 1,241.86 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.8627
1.6257
JanuMarcMayJulySeptNove

RSD to DJF 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 1.6684, compared to 1.7879 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1195 points.

H1 Avg (Jan–Jun) 1.6684
H2 Avg (Jul–Dec) 1.7879

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1107 DJF (High: 1.7250 / Low: 1.6143). On the other end, August was the most stable month, with a tight range of 0.0290 DJF (High: 1.8058 / Low: 1.7767).

March Spread (Volatile) ±0.1107
August Spread (Stable) ±0.0290

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 March and April, when the average rate fell by 0.0291 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0291

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 1.8429) against the same month in 2019 (average: 1.6830), the exchange rate shifted by +0.1600 (+9.50%).

2020 Avg (December) 1.8429
2019 Avg (December) 1.6830

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6984 1.6672 1.6813
February 1.6752 1.6331 1.6530
March 1.7250 1.6143 1.6745
April 1.6642 1.6303 1.6455
May 1.6806 1.6353 1.6519
June 1.7215 1.6846 1.7041
July 1.7968 1.7012 1.7345
August 1.8058 1.7767 1.7902
September 1.8044 1.7605 1.7846
October 1.7959 1.7636 1.7815
November 1.8119 1.7627 1.7938
December 1.8627 1.8282 1.8429