YEARLY HIGH
0.9410 RSD
YEARLY LOW
0.8747 RSD
YEARLY AVERAGE
0.9057 RSD

2021 JPY to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JPY to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 0.9410. Conversely, the yearly low was recorded on June 3, dropping to 0.8747.

This high-to-low spread represents a total annual volatility of 0.0663 RSD. From a start-to-finish perspective, comparing the January average rate of 0.9325 to the December average rate of 0.9137, the exchange rate registered a net change of -2.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.9410 was down 8.21% compared to the 2020 peak of 1.0251, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 470,482 RSD
2020 Average 482,989 RSD
Yearly Trough Low 437,330 RSD
Transaction Impact: A difference of 33,151.83 RSD purely based on transaction execution date.

āĻĒā§āϰāĻŦāĻŖāϤāĻžāϰ āϚāĻŋāĻ¤ā§āϰāĻžāϝāĻŧāύ

2021 āϏāĻžāϞ āϜ⧁āĻĄāĻŧ⧇ āĻŽāĻžāϏāĻŋāĻ• āĻ—āĻĄāĻŧ āĻ“āĻ āĻžāύāĻžāĻŽāĻžāĨ¤

0.9372
0.8813
JanuMarcMayJulySeptNove

JPY 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 0.9064, compared to 0.9051 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.9064
H2 Avg (Jul–Dec) 0.9051

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 0.0344 RSD (High: 0.9148 / Low: 0.8803). On the other end, March was the most stable month, with a tight range of 0.0139 RSD (High: 0.9154 / Low: 0.9015).

October Spread (Volatile) Âą0.0344
March Spread (Stable) Âą0.0139

Growth Streaks & Declines

Trends

Between June and August, 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 0.0154 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0154

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.9325) against the same month in 2020 (average: 0.9693), the exchange rate shifted by -0.0368 (-3.80%).

2021 Avg (January) 0.9325
2020 Avg (January) 0.9693

āĻŽāĻžāϏāĻŋāĻ• āĻŦāĻŋāĻļā§āϞ⧇āώāĻŖ

āĻĒā§āϰāϤāĻŋāϟāĻŋ āĻ•ā§āϝāĻžāϞ⧇āĻ¨ā§āĻĄāĻžāϰ āĻŽāĻžāϏ⧇āϰ āĻĒāϰāĻŋāϏāĻ‚āĻ–ā§āϝāĻžāύāĻ—āϤ āϏāĻžāϰāϏāĻ‚āĻ•ā§āώ⧇āĻĒāĨ¤

Month High Low Average
January 0.9410 0.9232 0.9325
February 0.9326 0.9082 0.9223
March 0.9154 0.9015 0.9080
April 0.9094 0.8900 0.9024
May 0.8996 0.8775 0.8870
June 0.8956 0.8747 0.8860
July 0.9102 0.8833 0.9013
August 0.9170 0.9004 0.9093
September 0.9180 0.8980 0.9062
October 0.9148 0.8803 0.8954
November 0.9164 0.8894 0.9047
December 0.9219 0.8982 0.9137