YEARLY HIGH
1.7762 RSD
YEARLY LOW
1.1359 RSD
YEARLY AVERAGE
1.4823 RSD

2020 ARS to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ARS to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 1.7762. Conversely, the yearly low was recorded on December 30, dropping to 1.1359.

This high-to-low spread represents a total annual volatility of 0.6403 RSD. From a start-to-finish perspective, comparing the January average rate of 1.7670 to the December average rate of 1.1702, the exchange rate registered a net change of -33.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.7762 was down 36.61% compared to the 2019 peak of 2.8018, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,881 RSD
2019 Average 11,233 RSD
Yearly Trough Low 5,680 RSD
Transaction Impact: A difference of 3,201.34 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.8267
1.1105
JanuMarcMayJulySeptNove

ARS 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 1.6600, compared to 1.3046 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3555 points.

H1 Avg (Jan–Jun) 1.6600
H2 Avg (Jul–Dec) 1.3046

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.1119 RSD (High: 1.4829 / Low: 1.3710). On the other end, September was the most stable month, with a tight range of 0.0225 RSD (High: 1.3382 / Low: 1.3158).

July Spread (Volatile) ±0.1119
September Spread (Stable) ±0.0225

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 0.0928 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0928

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 1.7670) against the same month in 2019 (average: 2.7744), the exchange rate shifted by -1.0073 (-36.31%).

2020 Avg (January) 1.7670
2019 Avg (January) 2.7744

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.7762 1.7489 1.7670
February 1.7683 1.7215 1.7580
March 1.7376 1.6380 1.6853
April 1.6775 1.6074 1.6508
May 1.6300 1.5477 1.5960
June 1.5412 1.4843 1.5032
July 1.4829 1.3710 1.4393
August 1.3804 1.3291 1.3581
September 1.3382 1.3158 1.3277
October 1.3139 1.2675 1.2891
November 1.2881 1.2113 1.2430
December 1.1958 1.1359 1.1702