2021 FKP to RSD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 FKP to RSD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the FKP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 140.1648. Conversely, the yearly low was recorded on January 6, dropping to 129.8309.
This high-to-low spread represents a total annual volatility of 10.3338 RSD. From a start-to-finish perspective, comparing the January average rate of 132.0428 to the December average rate of 138.4296, the exchange rate registered a net change of 4.84% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 140.1648 was down 0.95% compared to the 2020 peak of 141.5044, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FKP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
FKP to RSD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 135.5231, compared to 137.9929 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4698 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was April, with a trading range of 4.7656 RSD (High: 139.2306 / Low: 134.4650). On the other end, June was the most stable month, with a tight range of 2.1412 RSD (High: 137.8644 / Low: 135.7232).
Growth Streaks & Declines
TrendsBetween April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.7128 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 138.4296) against the same month in 2020 (average: 129.9144), the exchange rate shifted by +8.5152 (+6.55%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 133.8276 | 129.8309 | 132.0428 |
| February | 136.6918 | 133.0732 | 134.9269 |
| March | 138.1229 | 135.6196 | 136.9154 |
| April | 139.2306 | 134.4650 | 136.2025 |
| May | 137.2588 | 134.4704 | 136.3208 |
| June | 137.8644 | 135.7232 | 136.7302 |
| July | 138.6163 | 135.6060 | 137.3035 |
| August | 139.2098 | 136.5401 | 137.7877 |
| September | 138.1596 | 135.4582 | 137.1652 |
| October | 139.8089 | 137.4721 | 138.6404 |
| November | 140.1439 | 137.1284 | 138.6310 |
| December | 140.1648 | 136.9017 | 138.4296 |