2021 ARS to RSD Historical Review

YEARLY HIGH

1.1416 RSD

YEARLY LOW

1.0068 RSD

YEARLY AVERAGE

1.0479 RSD

2021 ARS to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ARS to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 1.1416. Conversely, the yearly low was recorded on December 31, dropping to 1.0068.

This high-to-low spread represents a total annual volatility of 0.1348 RSD. From a start-to-finish perspective, comparing the January average rate of 1.1268 to the December average rate of 1.0213, the exchange rate registered a net change of -9.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.1416 was down 35.73% compared to the 2020 peak of 1.7762, 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 5,708 RSD

2020 Average 7,407 RSD

Yearly Trough Low 5,034 RSD

Transaction Impact: A difference of 673.98 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.1378

1.0053

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 1.0711, compared to 1.0248 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0463 points.

H1 Avg (Jan–Jun) 1.0711

H2 Avg (Jul–Dec) 1.0248

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0579 RSD (High: 1.0954 / Low: 1.0375). On the other end, July was the most stable month, with a tight range of 0.0139 RSD (High: 1.0375 / Low: 1.0237).

April Spread (Volatile) ±0.0579

July Spread (Stable) ±0.0139

Growth Streaks & Declines

Trends

Between September and November, 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 April and May, when the average rate fell by 0.0327 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0327

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 1.1268) against the same month in 2020 (average: 1.7670), the exchange rate shifted by -0.6403 (-36.23%).

2021 Avg (January) 1.1268

2020 Avg (January) 1.7670

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1416	1.1094	1.1268
February	1.1169	1.0765	1.0967
March	1.0953	1.0767	1.0854
April	1.0954	1.0375	1.0626
May	1.0451	1.0176	1.0299
June	1.0369	1.0146	1.0250
July	1.0375	1.0237	1.0333
August	1.0357	1.0157	1.0281
September	1.0291	1.0115	1.0163
October	1.0292	1.0121	1.0216
November	1.0434	1.0138	1.0279
December	1.0293	1.0068	1.0213