YEARLY HIGH
1.2230 RSD
YEARLY LOW
1.1246 RSD
YEARLY AVERAGE
1.1688 RSD

2021 BDT to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BDT to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 1.2230. Conversely, the yearly low was recorded on January 6, dropping to 1.1246.

This high-to-low spread represents a total annual volatility of 0.0984 RSD. From a start-to-finish perspective, comparing the January average rate of 1.1412 to the December average rate of 1.2125, the exchange rate registered a net change of 6.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.2230 was down 5.93% compared to the 2020 peak of 1.3001, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,115 RSD
2020 Average 6,079 RSD
Yearly Trough Low 5,623 RSD
Transaction Impact: A difference of 492.01 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.2196
1.1340
JanuMarcMayJulySeptNove

BDT 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 1.1516, compared to 1.1859 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0343 points.

H1 Avg (Jan–Jun) 1.1516
H2 Avg (Jul–Dec) 1.1859

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0402 RSD (High: 1.2230 / Low: 1.1828). On the other end, October was the most stable month, with a tight range of 0.0105 RSD (High: 1.1881 / Low: 1.1776).

November Spread (Volatile) ±0.0402
October Spread (Stable) ±0.0105

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0195 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0195

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 1.2022) against the same month in 2020 (average: 1.1706), the exchange rate shifted by +0.0315 (+2.69%).

2021 Avg (November) 1.2022
2020 Avg (November) 1.1706

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1492 1.1246 1.1412
February 1.1586 1.1396 1.1472
March 1.1827 1.1497 1.1661
April 1.1815 1.1441 1.1619
May 1.1548 1.1324 1.1424
June 1.1657 1.1347 1.1510
July 1.1778 1.1617 1.1721
August 1.1833 1.1636 1.1752
September 1.1864 1.1623 1.1704
October 1.1881 1.1776 1.1832
November 1.2230 1.1828 1.2022
December 1.2191 1.2058 1.2125