YEARLY HIGH
1.5264 RSD
YEARLY LOW
1.2987 RSD
YEARLY AVERAGE
1.3935 RSD

2020 BTN to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BTN to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 1.5264. Conversely, the yearly low was recorded on December 21, dropping to 1.2987.

This high-to-low spread represents a total annual volatility of 0.2277 RSD. From a start-to-finish perspective, comparing the January average rate of 1.4865 to the December average rate of 1.3121, the exchange rate registered a net change of -11.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.5264 was down 1.23% compared to the 2019 peak of 1.5454, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,632 RSD
2019 Average 7,481 RSD
Yearly Trough Low 6,494 RSD
Transaction Impact: A difference of 1,138.50 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.5268
1.2926
JanuMarcMayJulySeptNove

BTN 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 1.4418, compared to 1.3451 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0967 points.

H1 Avg (Jan–Jun) 1.4418
H2 Avg (Jul–Dec) 1.3451

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0887 RSD (High: 1.4830 / Low: 1.3943). On the other end, September was the most stable month, with a tight range of 0.0239 RSD (High: 1.3727 / Low: 1.3488).

March Spread (Volatile) ±0.0887
September Spread (Stable) ±0.0239

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 February and March, when the average rate fell by 0.0762 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0762

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 1.5073) against the same month in 2019 (average: 1.4646), the exchange rate shifted by +0.0427 (+2.91%).

2020 Avg (February) 1.5073
2019 Avg (February) 1.4646

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.4988 1.4607 1.4865
February 1.5264 1.4830 1.5073
March 1.4830 1.3943 1.4311
April 1.4349 1.4048 1.4211
May 1.4423 1.3998 1.4256
June 1.4001 1.3622 1.3795
July 1.4011 1.3254 1.3701
August 1.3499 1.3222 1.3337
September 1.3727 1.3488 1.3591
October 1.3703 1.3461 1.3590
November 1.3567 1.3272 1.3368
December 1.3227 1.2987 1.3121