YEARLY HIGH
1.4104 ISK
YEARLY LOW
1.1550 ISK
YEARLY AVERAGE
1.3134 ISK

2020 RSD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the RSD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 9, valuing the pair at 1.4104. Conversely, the yearly low was recorded on January 1, dropping to 1.1550.

This high-to-low spread represents a total annual volatility of 0.2554 ISK. From a start-to-finish perspective, comparing the January average rate of 1.1661 to the December average rate of 1.3186, the exchange rate registered a net change of 13.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.4104 was up 16.97% compared to the 2019 peak of 1.2057, 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 7,052 ISK
2019 Average 5,823 ISK
Yearly Trough Low 5,775 ISK
Transaction Impact: A difference of 1,276.90 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.4137
1.1436
JanuMarcMayJulySeptNove

RSD to ISK 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 1.2620, compared to 1.3648 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1028 points.

H1 Avg (Jan–Jun) 1.2620
H2 Avg (Jul–Dec) 1.3648

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1470 ISK (High: 1.3302 / Low: 1.1831). On the other end, January was the most stable month, with a tight range of 0.0179 ISK (High: 1.1729 / Low: 1.1550).

March Spread (Volatile) ±0.1470
January Spread (Stable) ±0.0179

Growth Streaks & Declines

Trends

Between June and October, 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 November and December, when the average rate fell by 0.0571 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0571

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2020: 1.3812) against the same month in 2019 (average: 1.1699), the exchange rate shifted by +0.2113 (+18.06%).

2020 Avg (September) 1.3812
2019 Avg (September) 1.1699

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1729 1.1550 1.1661
February 1.1866 1.1576 1.1746
March 1.3302 1.1831 1.2671
April 1.3557 1.3208 1.3348
May 1.3565 1.2823 1.3302
June 1.3361 1.2652 1.2993
July 1.3624 1.3250 1.3476
August 1.3957 1.3604 1.3747
September 1.4104 1.3624 1.3812
October 1.4054 1.3792 1.3912
November 1.3996 1.3507 1.3757
December 1.3441 1.2912 1.3186