YEARLY HIGH
0.1776 SZL
YEARLY LOW
0.1330 SZL
YEARLY AVERAGE
0.1596 SZL

2020 RSD to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the RSD to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 0.1776. Conversely, the yearly low was recorded on January 4, dropping to 0.1330.

This high-to-low spread represents a total annual volatility of 0.0446 SZL. From a start-to-finish perspective, comparing the January average rate of 0.1356 to the December average rate of 0.1542, the exchange rate registered a net change of 13.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1776 was up 20.66% compared to the 2019 peak of 0.1472, 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 888 SZL
2019 Average 686 SZL
Yearly Trough Low 665 SZL
Transaction Impact: A difference of 223.12 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1767
0.1318
JanuMarcMayJulySeptNove

RSD to SZL 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 0.1559, compared to 0.1633 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0074 points.

H1 Avg (Jan–Jun) 0.1559
H2 Avg (Jul–Dec) 0.1633

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0252 SZL (High: 0.1680 / Low: 0.1428). On the other end, October was the most stable month, with a tight range of 0.0052 SZL (High: 0.1667 / Low: 0.1615).

March Spread (Volatile) ±0.0252
October Spread (Stable) ±0.0052

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0082 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0082

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 0.1730) against the same month in 2019 (average: 0.1427), the exchange rate shifted by +0.0303 (+21.25%).

2020 Avg (August) 0.1730
2019 Avg (August) 0.1427

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1391 0.1330 0.1356
February 0.1429 0.1368 0.1392
March 0.1680 0.1428 0.1564
April 0.1754 0.1657 0.1715
May 0.1734 0.1627 0.1687
June 0.1666 0.1601 0.1639
July 0.1672 0.1613 0.1633
August 0.1776 0.1669 0.1730
September 0.1707 0.1627 0.1678
October 0.1667 0.1615 0.1648
November 0.1615 0.1538 0.1565
December 0.1584 0.1511 0.1542