2021 DJF to RSD Historical Review

YEARLY HIGH

0.5894 RSD

YEARLY LOW

0.5356 RSD

YEARLY AVERAGE

0.5586 RSD

2021 DJF to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DJF to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.5894. Conversely, the yearly low was recorded on January 6, dropping to 0.5356.

This high-to-low spread represents a total annual volatility of 0.0539 RSD. From a start-to-finish perspective, comparing the January average rate of 0.5432 to the December average rate of 0.5842, the exchange rate registered a net change of 7.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5894 was down 4.85% compared to the 2020 peak of 0.6195, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,947 RSD

2020 Average 2,897 RSD

Yearly Trough Low 2,678 RSD

Transaction Impact: A difference of 269.34 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5883

0.5391

JanuMarcMayJulySeptNove

DJF 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 0.5483, compared to 0.5688 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0205 points.

H1 Avg (Jan–Jun) 0.5483

H2 Avg (Jul–Dec) 0.5688

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0202 RSD (High: 0.5894 / Low: 0.5693). On the other end, October was the most stable month, with a tight range of 0.0062 RSD (High: 0.5726 / Low: 0.5664).

November Spread (Volatile) ±0.0202

October Spread (Stable) ±0.0062

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 0.0092 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0092

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.5793) against the same month in 2020 (average: 0.5575), the exchange rate shifted by +0.0218 (+3.91%).

2021 Avg (November) 0.5793

2020 Avg (November) 0.5575

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5473	0.5356	0.5432
February	0.5514	0.5428	0.5463
March	0.5630	0.5475	0.5551
April	0.5628	0.5449	0.5532
May	0.5513	0.5393	0.5440
June	0.5552	0.5405	0.5481
July	0.5613	0.5536	0.5585
August	0.5655	0.5549	0.5610
September	0.5708	0.5563	0.5607
October	0.5726	0.5664	0.5691
November	0.5894	0.5693	0.5793
December	0.5877	0.5814	0.5842