YEARLY HIGH
0.1074 NOK
YEARLY LOW
0.0837 NOK
YEARLY AVERAGE
0.0913 NOK

2020 RSD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the RSD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.1074. Conversely, the yearly low was recorded on January 2, dropping to 0.0837.

This high-to-low spread represents a total annual volatility of 0.0238 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0845 to the December average rate of 0.0901, the exchange rate registered a net change of 6.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1074 was up 23.06% compared to the 2019 peak of 0.0873, 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 537 NOK
2019 Average 418 NOK
Yearly Trough Low 418 NOK
Transaction Impact: A difference of 118.80 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0978
0.0833
JanuMarcMayJulySeptNove

RSD to NOK 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 0.0914, compared to 0.0911 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0914
H2 Avg (Jul–Dec) 0.0911

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0197 NOK (High: 0.1074 / Low: 0.0877). On the other end, December was the most stable month, with a tight range of 0.0015 NOK (High: 0.0908 / Low: 0.0893).

March Spread (Volatile) ±0.0197
December Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0027 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0966) against the same month in 2019 (average: 0.0824), the exchange rate shifted by +0.0142 (+17.26%).

2020 Avg (March) 0.0966
2019 Avg (March) 0.0824

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0866 0.0837 0.0845
February 0.0879 0.0851 0.0862
March 0.1074 0.0877 0.0966
April 0.0991 0.0945 0.0963
May 0.0972 0.0918 0.0936
June 0.0928 0.0889 0.0913
July 0.0914 0.0893 0.0906
August 0.0913 0.0886 0.0900
September 0.0946 0.0887 0.0917
October 0.0946 0.0918 0.0930
November 0.0948 0.0895 0.0915
December 0.0908 0.0893 0.0901