YEARLY HIGH
15.9781 RSD
YEARLY LOW
15.6487 RSD
YEARLY AVERAGE
15.8107 RSD

2021 DKK to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 7, valuing the pair at 15.9781. Conversely, the yearly low was recorded on June 16, dropping to 15.6487.

This high-to-low spread represents a total annual volatility of 0.3293 RSD. From a start-to-finish perspective, comparing the January average rate of 15.8343 to the December average rate of 15.8128, the exchange rate registered a net change of -0.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 15.9781 was up 0.67% compared to the 2020 peak of 15.8720, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 79,890 RSD
2020 Average 78,877 RSD
Yearly Trough Low 78,244 RSD
Transaction Impact: A difference of 1,646.63 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

15.8385
15.7871
JanuMarcMayJulySeptNove

DKK 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 15.8163, compared to 15.8051 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0112 points.

H1 Avg (Jan–Jun) 15.8163
H2 Avg (Jul–Dec) 15.8051

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.2461 RSD (High: 15.9781 / Low: 15.7319). On the other end, December was the most stable month, with a tight range of 0.0163 RSD (High: 15.8191 / Low: 15.8028).

May Spread (Volatile) ±0.2461
December Spread (Stable) ±0.0163

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 May and June, when the average rate fell by 0.0267 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0267

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 15.8181) against the same month in 2020 (average: 15.7716), the exchange rate shifted by +0.0464 (+0.29%).

2021 Avg (May) 15.8181
2020 Avg (May) 15.7716

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.9365 15.7709 15.8343
February 15.9073 15.7085 15.8160
March 15.9269 15.7094 15.8054
April 15.9210 15.7326 15.8329
May 15.9781 15.7319 15.8181
June 15.8669 15.6487 15.7914
July 15.8694 15.7002 15.8043
August 15.8687 15.7213 15.8079
September 15.8562 15.7385 15.8004
October 15.9104 15.6782 15.7920
November 15.8565 15.7362 15.8133
December 15.8191 15.8028 15.8128