YEARLY HIGH
8.3788 RSD
YEARLY LOW
4.5074 RSD
YEARLY AVERAGE
6.1671 RSD

2020 SCR to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SCR to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 16, valuing the pair at 8.3788. Conversely, the yearly low was recorded on December 30, dropping to 4.5074.

This high-to-low spread represents a total annual volatility of 3.8714 RSD. From a start-to-finish perspective, comparing the January average rate of 7.7509 to the December average rate of 4.5579, the exchange rate registered a net change of -41.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 8.3788 was down 0.98% compared to the 2019 peak of 8.4618, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 41,894 RSD
2019 Average 38,478 RSD
Yearly Trough Low 22,537 RSD
Transaction Impact: A difference of 19,356.76 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

8.2152
4.2254
JanuMarcMayJulySeptNove

SCR 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 7.0373, compared to 5.2969 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.7404 points.

H1 Avg (Jan–Jun) 7.0373
H2 Avg (Jul–Dec) 5.2969

Volatility Range Comparison

Volatility

The most volatile month in 2020 was April, with a trading range of 1.7478 RSD (High: 7.8752 / Low: 6.1274). On the other end, September was the most stable month, with a tight range of 0.1147 RSD (High: 5.6277 / Low: 5.5130).

April Spread (Volatile) ±1.7478
September Spread (Stable) ±0.1147

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 March and April, when the average rate fell by 1.1228 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.1228

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 7.7841) against the same month in 2019 (average: 7.6262), the exchange rate shifted by +0.1578 (+2.07%).

2020 Avg (March) 7.7841
2019 Avg (March) 7.6262

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8.2116 7.6204 7.7509
February 8.0616 7.7585 7.8827
March 8.3788 7.4740 7.7841
April 7.8752 6.1274 6.6613
May 6.7513 5.9980 6.1992
June 6.2039 5.8569 5.9457
July 5.9405 5.5684 5.8145
August 5.6193 5.3349 5.5663
September 5.6277 5.5130 5.5576
October 5.5838 5.1428 5.4088
November 5.2269 4.7281 4.8763
December 4.6796 4.5074 4.5579