YEARLY HIGH
2599.7870 VEF
YEARLY LOW
2253.2430 VEF
YEARLY AVERAGE
2412.1311 VEF

2020 RSD to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the RSD to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 2599.7870. Conversely, the yearly low was recorded on March 19, dropping to 2253.2430.

This high-to-low spread represents a total annual volatility of 346.5440 VEF. From a start-to-finish perspective, comparing the January average rate of 2346.8328 to the December average rate of 2572.2446, 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 2599.7870 was up 7.22% compared to the 2019 peak of 2424.7971, 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 12,998,935 VEF
2019 Average 11,805,888 VEF
Yearly Trough Low 11,266,215 VEF
Transaction Impact: A difference of 1,732,719.85 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2599.7922
2269.2208
JanuMarcMayJulySeptNove

RSD to VEF 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 2328.7420, compared to 2495.5202 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 166.7782 points.

H1 Avg (Jan–Jun) 2328.7420
H2 Avg (Jul–Dec) 2495.5202

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 154.8163 VEF (High: 2408.0593 / Low: 2253.2430). On the other end, August was the most stable month, with a tight range of 43.5736 VEF (High: 2523.6139 / Low: 2480.0403).

March Spread (Volatile) ±154.8163
August Spread (Stable) ±43.5736

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 40.6037 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -40.6037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2572.2446) against the same month in 2019 (average: 2349.2413), the exchange rate shifted by +223.0033 (+9.49%).

2020 Avg (December) 2572.2446
2019 Avg (December) 2349.2413

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2370.9522 2326.7722 2346.8328
February 2338.5972 2279.8077 2307.1498
March 2408.0593 2253.2430 2337.3721
April 2322.8571 2275.8405 2296.7684
May 2346.1044 2282.2157 2305.7953
June 2402.5878 2350.9877 2378.5334
July 2508.2027 2374.1236 2420.9600
August 2523.6139 2480.0403 2499.0651
September 2519.6476 2456.9896 2490.8136
October 2506.4317 2461.2484 2486.5056
November 2529.0076 2460.2737 2503.5321
December 2599.7870 2551.7318 2572.2446