2021 GMD to RSD Historical Review

YEARLY HIGH

2.0048 RSD

YEARLY LOW

1.8432 RSD

YEARLY AVERAGE

1.9301 RSD

2021 GMD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GMD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 2.0048. Conversely, the yearly low was recorded on January 6, dropping to 1.8432.

This high-to-low spread represents a total annual volatility of 0.1615 RSD. From a start-to-finish perspective, comparing the January average rate of 1.8734 to the December average rate of 1.9802, the exchange rate registered a net change of 5.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.0048 was down 7.47% compared to the 2020 peak of 2.1666, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,024 RSD

2020 Average 10,022 RSD

Yearly Trough Low 9,216 RSD

Transaction Impact: A difference of 807.73 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.9909

1.8627

JanuMarcMayJulySeptNove

GMD 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 1.9025, compared to 1.9577 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0553 points.

H1 Avg (Jan–Jun) 1.9025

H2 Avg (Jul–Dec) 1.9577

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0617 RSD (High: 1.9559 / Low: 1.8943). On the other end, July was the most stable month, with a tight range of 0.0269 RSD (High: 1.9541 / Low: 1.9272).

April Spread (Volatile) ±0.0617

July Spread (Stable) ±0.0269

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 0.0333 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0333

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 1.9745) against the same month in 2020 (average: 1.9173), the exchange rate shifted by +0.0572 (+2.98%).

2021 Avg (November) 1.9745

2020 Avg (November) 1.9173

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8913	1.8432	1.8734
February	1.9062	1.8763	1.8913
March	1.9556	1.8973	1.9260
April	1.9559	1.8943	1.9247
May	1.9131	1.8745	1.8914
June	1.9341	1.8813	1.9080
July	1.9541	1.9272	1.9431
August	1.9707	1.9313	1.9529
September	1.9732	1.9138	1.9410
October	1.9743	1.9392	1.9546
November	2.0048	1.9452	1.9745
December	1.9912	1.9599	1.9802