YEARLY HIGH
104.9500 RSD
YEARLY LOW
95.2950 RSD
YEARLY AVERAGE
99.4379 RSD

2021 BMD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BMD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 104.9500. Conversely, the yearly low was recorded on January 6, dropping to 95.2950.

This high-to-low spread represents a total annual volatility of 9.6550 RSD. From a start-to-finish perspective, comparing the January average rate of 96.7855 to the December average rate of 104.0159, the exchange rate registered a net change of 7.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 104.9500 was down 4.83% compared to the 2020 peak of 110.2800, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 524,750 RSD
2020 Average 515,744 RSD
Yearly Trough Low 476,475 RSD
Transaction Impact: A difference of 48,275.00 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

104.7389
96.0625
JanuMarcMayJulySeptNove

BMD 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 97.6192, compared to 101.2566 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.6373 points.

H1 Avg (Jan–Jun) 97.6192
H2 Avg (Jul–Dec) 101.2566

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 3.5851 RSD (High: 104.9500 / Low: 101.3649). On the other end, October was the most stable month, with a tight range of 0.9304 RSD (High: 101.7705 / Low: 100.8401).

November Spread (Volatile) ±3.5851
October Spread (Stable) ±0.9304

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 1.6020 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.6020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 103.1277) against the same month in 2020 (average: 99.2590), the exchange rate shifted by +3.8687 (+3.90%).

2021 Avg (November) 103.1277
2020 Avg (November) 99.2590

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 97.4000 95.2950 96.7855
February 98.1677 96.6225 97.2548
March 100.2250 97.4903 98.8038
April 100.1930 96.9873 98.4449
May 97.9050 95.9743 96.8429
June 98.8314 96.2264 97.5835
July 99.9112 98.5578 99.3812
August 100.7044 98.7851 99.8872
September 101.6192 99.0327 99.8212
October 101.7705 100.8401 101.3063
November 104.9500 101.3649 103.1277
December 104.6483 103.3852 104.0159