YEARLY HIGH
2.1594 RSD
YEARLY LOW
1.9884 RSD
YEARLY AVERAGE
2.0790 RSD

2020 PHP to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the PHP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 13, valuing the pair at 2.1594. Conversely, the yearly low was recorded on December 20, dropping to 1.9884.

This high-to-low spread represents a total annual volatility of 0.1711 RSD. From a start-to-finish perspective, comparing the January average rate of 2.0830 to the December average rate of 2.0092, the exchange rate registered a net change of -3.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.1594 was up 2.44% compared to the 2019 peak of 2.1081, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 539,862 RSD
2019 Average 508,382 RSD
Yearly Trough Low 497,088 RSD
Transaction Impact: A difference of 42,774.03 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.1484
1.9965
JanuMarcMayJulySeptNove

PHP 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 2.1080, compared to 2.0500 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0579 points.

H1 Avg (Jan–Jun) 2.1080
H2 Avg (Jul–Dec) 2.0500

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1176 RSD (High: 2.1586 / Low: 2.0410). On the other end, June was the most stable month, with a tight range of 0.0367 RSD (High: 2.1009 / Low: 2.0642).

March Spread (Volatile) ±0.1176
June Spread (Stable) ±0.0367

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 November and December, when the average rate fell by 0.0484 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0484

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 2.1332) against the same month in 2019 (average: 2.0183), the exchange rate shifted by +0.1148 (+5.69%).

2020 Avg (May) 2.1332
2019 Avg (May) 2.0183

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1010 2.0552 2.0830
February 2.1520 2.0822 2.1201
March 2.1586 2.0410 2.0886
April 2.1557 2.1055 2.1357
May 2.1594 2.0997 2.1332
June 2.1009 2.0642 2.0873
July 2.1105 2.0157 2.0779
August 2.0584 2.0177 2.0387
September 2.0867 2.0286 2.0564
October 2.0845 2.0437 2.0605
November 2.0849 2.0424 2.0575
December 2.0283 1.9884 2.0092