YEARLY HIGH
634.7879 IRR
YEARLY LOW
381.8009 IRR
YEARLY AVERAGE
409.3786 IRR

2020 RSD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the RSD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 7, valuing the pair at 634.7879. Conversely, the yearly low was recorded on March 19, dropping to 381.8009.

This high-to-low spread represents a total annual volatility of 252.9870 IRR. From a start-to-finish perspective, comparing the January average rate of 397.6695 to the December average rate of 435.8637, the exchange rate registered a net change of 9.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 634.7879 was up 51.58% compared to the 2019 peak of 418.7670, 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 3,173,939 IRR
2019 Average 2,002,818 IRR
Yearly Trough Low 1,909,004 IRR
Transaction Impact: A difference of 1,264,935.14 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

440.5325
384.5060
JanuMarcMayJulySeptNove

RSD to IRR 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 394.6479, compared to 424.1093 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 29.4614 points.

H1 Avg (Jan–Jun) 394.6479
H2 Avg (Jul–Dec) 424.1093

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 232.5044 IRR (High: 634.7879 / Low: 402.2835). On the other end, August was the most stable month, with a tight range of 7.3833 IRR (High: 427.6139 / Low: 420.2306).

July Spread (Volatile) ±232.5044
August Spread (Stable) ±7.3833

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 7.0070 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -7.0070

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2020: 417.7202) against the same month in 2019 (average: 401.0185), the exchange rate shifted by +16.7017 (+4.16%).

2020 Avg (July) 417.7202
2019 Avg (July) 401.0185

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 401.7461 394.2600 397.6695
February 396.6003 386.3021 390.9680
March 408.0337 381.8009 396.1818
April 393.5966 385.6299 389.1748
May 397.5358 386.7101 390.8023
June 407.1066 398.3632 403.0909
July 634.7879 402.2835 417.7202
August 427.6139 420.2306 423.4472
September 426.9418 416.3247 422.0549
October 424.7034 417.0464 421.3261
November 428.5278 416.8812 424.2439
December 440.5210 432.3783 435.8637