YEARLY HIGH
4.7299 RSD
YEARLY LOW
4.4469 RSD
YEARLY AVERAGE
4.5854 RSD

2021 CZK to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CZK to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 4.7299. Conversely, the yearly low was recorded on March 6, dropping to 4.4469.

This high-to-low spread represents a total annual volatility of 0.2830 RSD. From a start-to-finish perspective, comparing the January average rate of 4.5055 to the December average rate of 4.6592, the exchange rate registered a net change of 3.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 4.7299 was down 0.04% compared to the 2020 peak of 4.7318, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 23,650 RSD
2020 Average 22,238 RSD
Yearly Trough Low 22,235 RSD
Transaction Impact: A difference of 1,415.01 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

4.6761
4.4736
JanuMarcMayJulySeptNove

CZK 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 4.5495, compared to 4.6214 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0720 points.

H1 Avg (Jan–Jun) 4.5495
H2 Avg (Jul–Dec) 4.6214

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.1173 RSD (High: 4.6408 / Low: 4.5235). On the other end, August was the most stable month, with a tight range of 0.0539 RSD (High: 4.6462 / Low: 4.5923).

May Spread (Volatile) ±0.1173
August Spread (Stable) ±0.0539

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 February and March, when the average rate fell by 0.0547 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0547

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 4.6592) against the same month in 2020 (average: 4.4732), the exchange rate shifted by +0.1860 (+4.16%).

2021 Avg (December) 4.6592
2020 Avg (December) 4.4732

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.5475 4.4788 4.5055
February 4.5871 4.4760 4.5451
March 4.5372 4.4469 4.4904
April 4.5719 4.5021 4.5392
May 4.6408 4.5235 4.6039
June 4.6410 4.5630 4.6126
July 4.6320 4.5485 4.5870
August 4.6462 4.5923 4.6163
September 4.6507 4.5869 4.6271
October 4.6529 4.5435 4.6069
November 4.6761 4.5671 4.6321
December 4.7299 4.6157 4.6592