YEARLY HIGH
0.1171 RSD
YEARLY LOW
0.0967 RSD
YEARLY AVERAGE
0.1079 RSD

2020 RWF to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the RWF to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.1171. Conversely, the yearly low was recorded on December 30, dropping to 0.0967.

This high-to-low spread represents a total annual volatility of 0.0205 RSD. From a start-to-finish perspective, comparing the January average rate of 0.1122 to the December average rate of 0.0978, the exchange rate registered a net change of -12.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1171 was down 1.84% compared to the 2019 peak of 0.1193, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 RWF based on timing:

Yearly Peak High 586 RSD
2019 Average 577 RSD
Yearly Trough Low 483 RSD
Transaction Impact: A difference of 102.33 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1164
0.0961
JanuMarcMayJulySeptNove

RWF to RSD 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 0.1131, compared to 0.1027 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0104 points.

H1 Avg (Jan–Jun) 0.1131
H2 Avg (Jul–Dec) 0.1027

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0085 RSD (High: 0.1171 / Low: 0.1087). On the other end, December was the most stable month, with a tight range of 0.0022 RSD (High: 0.0988 / Low: 0.0967).

March Spread (Volatile) ±0.0085
December Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0046 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.1126) against the same month in 2019 (average: 0.1165), the exchange rate shifted by -0.0039 (-3.36%).

2020 Avg (March) 0.1126
2019 Avg (March) 0.1165

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1140 0.1100 0.1122
February 0.1165 0.1119 0.1144
March 0.1171 0.1087 0.1126
April 0.1164 0.1131 0.1147
May 0.1166 0.1120 0.1146
June 0.1115 0.1085 0.1101
July 0.1103 0.1036 0.1076
August 0.1050 0.1019 0.1033
September 0.1058 0.1020 0.1037
October 0.1051 0.1016 0.1027
November 0.1035 0.0994 0.1009
December 0.0988 0.0967 0.0978