YEARLY HIGH
0.4116 ETB
YEARLY LOW
0.2935 ETB
YEARLY AVERAGE
0.3400 ETB

2020 RSD to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the RSD to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.4116. Conversely, the yearly low was recorded on February 19, dropping to 0.2935.

This high-to-low spread represents a total annual volatility of 0.1181 ETB. From a start-to-finish perspective, comparing the January average rate of 0.3028 to the December average rate of 0.4007, the exchange rate registered a net change of 32.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.4116 was up 34.96% compared to the 2019 peak of 0.3050, 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 2,058 ETB
2019 Average 1,388 ETB
Yearly Trough Low 1,467 ETB
Transaction Impact: A difference of 590.40 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.4109
0.2878
JanuMarcMayJulySeptNove

RSD to ETB 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 0.3092, compared to 0.3707 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0614 points.

H1 Avg (Jan–Jun) 0.3092
H2 Avg (Jul–Dec) 0.3707

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.0216 ETB (High: 0.3547 / Low: 0.3331). On the other end, January was the most stable month, with a tight range of 0.0069 ETB (High: 0.3061 / Low: 0.2993).

July Spread (Volatile) ±0.0216
January Spread (Stable) ±0.0069

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0048 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.4007) against the same month in 2019 (average: 0.2977), the exchange rate shifted by +0.1030 (+34.60%).

2020 Avg (December) 0.4007
2019 Avg (December) 0.2977

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3061 0.2993 0.3028
February 0.3022 0.2935 0.2980
March 0.3140 0.2968 0.3067
April 0.3104 0.3008 0.3055
May 0.3230 0.3055 0.3132
June 0.3349 0.3239 0.3293
July 0.3547 0.3331 0.3428
August 0.3661 0.3507 0.3595
September 0.3716 0.3629 0.3672
October 0.3783 0.3667 0.3723
November 0.3874 0.3740 0.3815
December 0.4116 0.3924 0.4007