2020 SBD to RSD Historical Review

YEARLY HIGH

13.3497 RSD

YEARLY LOW

11.8860 RSD

YEARLY AVERAGE

12.5302 RSD

2020 SBD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SBD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 13.3497. Conversely, the yearly low was recorded on December 17, dropping to 11.8860.

This high-to-low spread represents a total annual volatility of 1.4636 RSD. From a start-to-finish perspective, comparing the January average rate of 12.7847 to the December average rate of 12.0128, the exchange rate registered a net change of -6.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 13.3497 was up 1.39% compared to the 2019 peak of 13.1666, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 66,748 RSD

2019 Average 64,176 RSD

Yearly Trough Low 59,430 RSD

Transaction Impact: A difference of 7,318.18 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

13.1539

11.9090

JanuMarcMayJulySeptNove

SBD 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 12.8614, compared to 12.1989 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6625 points.

H1 Avg (Jan–Jun) 12.8614

H2 Avg (Jul–Dec) 12.1989

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.0320 RSD (High: 13.3497 / Low: 12.3176). On the other end, June was the most stable month, with a tight range of 0.2304 RSD (High: 12.6567 / Low: 12.4263).

March Spread (Volatile) ±1.0320

June Spread (Stable) ±0.2304

Growth Streaks & Declines

Trends

Between August and October, 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 May and June, when the average rate fell by 0.4172 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.4172

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 12.8449) against the same month in 2019 (average: 12.8486), the exchange rate shifted by -0.0037 (-0.03%).

2020 Avg (March) 12.8449

2019 Avg (March) 12.8486

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.9945	12.6212	12.7847
February	13.2529	12.8514	13.0502
March	13.3497	12.3176	12.8449
April	13.1108	12.8769	13.0154
May	13.1689	12.7043	12.9453
June	12.6567	12.4263	12.5280
July	12.5511	12.0238	12.3380
August	12.1473	11.9127	12.0443
September	12.4248	11.9314	12.1961
October	12.4876	12.2123	12.3041
November	12.5117	12.2096	12.2982
December	12.1411	11.8860	12.0128