YEARLY HIGH
20.0287 RSD
YEARLY LOW
16.8680 RSD
YEARLY AVERAGE
18.4434 RSD

2021 BRL to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BRL to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 24, valuing the pair at 20.0287. Conversely, the yearly low was recorded on March 8, dropping to 16.8680.

This high-to-low spread represents a total annual volatility of 3.1607 RSD. From a start-to-finish perspective, comparing the January average rate of 18.0683 to the December average rate of 18.3940, the exchange rate registered a net change of 1.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 20.0287 was down 23.33% compared to the 2020 peak of 26.1217, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 500,719 RSD
2020 Average 505,537 RSD
Yearly Trough Low 421,701 RSD
Transaction Impact: A difference of 79,017.76 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

19.5856
17.3365
JanuMarcMayJulySeptNove

BRL 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 18.1448, compared to 18.7420 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5973 points.

H1 Avg (Jan–Jun) 18.1448
H2 Avg (Jul–Dec) 18.7420

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 1.3484 RSD (High: 20.0287 / Low: 18.6804). On the other end, December was the most stable month, with a tight range of 0.5961 RSD (High: 18.7312 / Low: 18.1351).

June Spread (Volatile) ±1.3484
December Spread (Stable) ±0.5961

Growth Streaks & Declines

Trends

Between March and June, 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 September and October, when the average rate fell by 0.6190 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6190

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 19.3982) against the same month in 2020 (average: 20.1374), the exchange rate shifted by -0.7392 (-3.67%).

2021 Avg (June) 19.3982
2020 Avg (June) 20.1374

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.6195 17.6145 18.0683
February 18.2893 17.3286 17.9576
March 18.0105 16.8680 17.5239
April 18.2378 17.2163 17.6460
May 18.6594 17.8948 18.2746
June 20.0287 18.6804 19.3982
July 19.6333 18.8239 19.2477
August 19.3251 18.5617 19.0123
September 19.1815 18.5391 18.9279
October 18.9137 17.8415 18.3089
November 19.0032 17.8453 18.5614
December 18.7312 18.1351 18.3940