YEARLY HIGH
118.8207 RSD
YEARLY LOW
116.3732 RSD
YEARLY AVERAGE
117.5859 RSD

2021 EUR to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the EUR to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 7, valuing the pair at 118.8207. Conversely, the yearly low was recorded on June 16, dropping to 116.3732.

This high-to-low spread represents a total annual volatility of 2.4475 RSD. From a start-to-finish perspective, comparing the January average rate of 117.7540 to the December average rate of 117.5945, 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 118.8207 was down 0.30% compared to the 2020 peak of 119.1771, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 594,103 RSD
2020 Average 588,103 RSD
Yearly Trough Low 581,866 RSD
Transaction Impact: A difference of 12,237.55 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

117.7858
117.4041
JanuMarcMayJulySeptNove

EUR 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 117.6248, compared to 117.5470 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0778 points.

H1 Avg (Jan–Jun) 117.6248
H2 Avg (Jul–Dec) 117.5470

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 1.8401 RSD (High: 118.8207 / Low: 116.9806). On the other end, December was the most stable month, with a tight range of 0.1506 RSD (High: 117.6597 / Low: 117.5091).

May Spread (Volatile) ±1.8401
December Spread (Stable) ±0.1506

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 0.1911 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1911

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 117.6270) against the same month in 2020 (average: 117.7883), the exchange rate shifted by -0.1613 (-0.14%).

2021 Avg (May) 117.6270
2020 Avg (May) 117.7883

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 118.5796 116.7993 117.7540
February 118.2828 116.8096 117.6198
March 118.4359 116.8241 117.5623
April 118.3970 116.9762 117.7497
May 118.8207 116.9806 117.6270
June 117.9998 116.3732 117.4359
July 118.0445 116.7495 117.5406
August 118.0066 116.9203 117.5618
September 117.9269 117.0330 117.4999
October 118.3570 116.6289 117.4846
November 117.9364 117.0308 117.6004
December 117.6597 117.5091 117.5945