YEARLY HIGH
11.7025 RSD
YEARLY LOW
10.5076 RSD
YEARLY AVERAGE
11.2157 RSD

2020 SEK to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SEK to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 11.7025. Conversely, the yearly low was recorded on March 22, dropping to 10.5076.

This high-to-low spread represents a total annual volatility of 1.1948 RSD. From a start-to-finish perspective, comparing the January average rate of 11.1428 to the December average rate of 11.5637, the exchange rate registered a net change of 3.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 11.7025 was up 0.18% compared to the 2019 peak of 11.6814, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 58,512 RSD
2019 Average 55,674 RSD
Yearly Trough Low 52,538 RSD
Transaction Impact: A difference of 5,974.23 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

11.6404
10.7203
JanuMarcMayJulySeptNove

SEK 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 11.0307, compared to 11.4008 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3701 points.

H1 Avg (Jan–Jun) 11.0307
H2 Avg (Jul–Dec) 11.4008

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.6288 RSD (High: 11.1364 / Low: 10.5076). On the other end, August was the most stable month, with a tight range of 0.1624 RSD (High: 11.4787 / Low: 11.3163).

March Spread (Volatile) ±0.6288
August Spread (Stable) ±0.1624

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 February and March, when the average rate fell by 0.3065 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.3065

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 11.5637) against the same month in 2019 (average: 11.2205), the exchange rate shifted by +0.3432 (+3.06%).

2020 Avg (December) 11.5637
2019 Avg (December) 11.2205

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.2256 11.0318 11.1428
February 11.2146 11.0169 11.1249
March 11.1364 10.5076 10.8184
April 10.9988 10.6721 10.7970
May 11.2331 10.8348 11.0853
June 11.3867 11.0975 11.2156
July 11.4939 11.2144 11.3509
August 11.4787 11.3163 11.4069
September 11.3885 11.0716 11.2777
October 11.4212 11.1903 11.3136
November 11.6085 11.3274 11.4917
December 11.7025 11.4549 11.5637