2021 BIF to RSD Historical Review

YEARLY HIGH

0.0527 RSD

YEARLY LOW

0.0486 RSD

YEARLY AVERAGE

0.0504 RSD

2021 BIF to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BIF to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 0.0527. Conversely, the yearly low was recorded on May 25, dropping to 0.0486.

This high-to-low spread represents a total annual volatility of 0.0041 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0497 to the December average rate of 0.0521, the exchange rate registered a net change of 4.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0527 was down 9.64% compared to the 2020 peak of 0.0583, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 263 RSD

2020 Average 270 RSD

Yearly Trough Low 243 RSD

Transaction Impact: A difference of 20.33 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0524

0.0489

JanuMarcMayJulySeptNove

BIF 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 0.0498, compared to 0.0509 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0498

H2 Avg (Jul–Dec) 0.0509

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0019 RSD (High: 0.0514 / Low: 0.0495). On the other end, July was the most stable month, with a tight range of 0.0006 RSD (High: 0.0504 / Low: 0.0498).

April Spread (Volatile) ±0.0019

July Spread (Stable) ±0.0006

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 0.0012 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.0517) against the same month in 2020 (average: 0.0512), the exchange rate shifted by +0.0005 (+1.07%).

2021 Avg (November) 0.0517

2020 Avg (November) 0.0512

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0501	0.0491	0.0497
February	0.0503	0.0494	0.0499
March	0.0513	0.0500	0.0505
April	0.0514	0.0495	0.0504
May	0.0501	0.0486	0.0492
June	0.0499	0.0487	0.0493
July	0.0504	0.0498	0.0501
August	0.0507	0.0498	0.0504
September	0.0511	0.0499	0.0502
October	0.0513	0.0505	0.0508
November	0.0527	0.0508	0.0517
December	0.0523	0.0516	0.0521