2020 TRY to RSD Historical Review

YEARLY HIGH

18.0180 RSD

YEARLY LOW

11.6152 RSD

YEARLY AVERAGE

14.8754 RSD

2020 TRY to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 18.0180. Conversely, the yearly low was recorded on November 7, dropping to 11.6152.

This high-to-low spread represents a total annual volatility of 6.4027 RSD. From a start-to-finish perspective, comparing the January average rate of 17.8716 to the December average rate of 12.5457, the exchange rate registered a net change of -29.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 18.0180 was down 9.75% compared to the 2019 peak of 19.9654, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 900,898 RSD

2019 Average 927,199 RSD

Yearly Trough Low 580,762 RSD

Transaction Impact: A difference of 320,135.90 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

18.4108

11.9399

JanuMarcMayJulySeptNove

TRY 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 16.5129, compared to 13.2380 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.2749 points.

H1 Avg (Jan–Jun) 16.5129

H2 Avg (Jul–Dec) 13.2380

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 1.5170 RSD (High: 13.1323 / Low: 11.6152). On the other end, January was the most stable month, with a tight range of 0.4279 RSD (High: 18.0180 / Low: 17.5901).

November Spread (Volatile) ±1.5170

January Spread (Stable) ±0.4279

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 July and August, when the average rate fell by 1.2772 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -1.2772

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 17.8716) against the same month in 2019 (average: 19.3459), the exchange rate shifted by -1.4743 (-7.62%).

2020 Avg (January) 17.8716

2019 Avg (January) 19.3459

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.0180	17.5901	17.8716
February	17.9387	17.1528	17.7570
March	17.3483	16.1085	16.7612
April	16.3326	15.3662	15.7963
May	15.9014	15.1226	15.5669
June	15.6756	15.1763	15.3242
July	15.2731	14.2005	14.9430
August	14.3627	13.3535	13.6658
September	13.4547	12.8055	13.2184
October	12.9355	12.0957	12.5757
November	13.1323	11.6152	12.4791
December	12.9843	12.2720	12.5457