YEARLY HIGH
60.7773 RSD
YEARLY LOW
59.5619 RSD
YEARLY AVERAGE
60.1211 RSD

2021 BGN to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BGN to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 7, valuing the pair at 60.7773. Conversely, the yearly low was recorded on June 16, dropping to 59.5619.

This high-to-low spread represents a total annual volatility of 1.2154 RSD. From a start-to-finish perspective, comparing the January average rate of 60.2283 to the December average rate of 60.0933, the exchange rate registered a net change of -0.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 60.7773 was up 0.60% compared to the 2020 peak of 60.4164, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 303,887 RSD
2020 Average 300,590 RSD
Yearly Trough Low 297,810 RSD
Transaction Impact: A difference of 6,076.92 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

60.2468
60.0253
JanuMarcMayJulySeptNove

BGN 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 60.1378, compared to 60.1044 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0333 points.

H1 Avg (Jan–Jun) 60.1378
H2 Avg (Jul–Dec) 60.1044

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.9080 RSD (High: 60.7773 / Low: 59.8693). On the other end, December was the most stable month, with a tight range of 0.2783 RSD (High: 60.2343 / Low: 59.9560).

May Spread (Volatile) ±0.9080
December Spread (Stable) ±0.2783

Growth Streaks & Declines

Trends

Between June and September, 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 May and June, when the average rate fell by 0.0873 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0873

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 60.1311) against the same month in 2020 (average: 60.1156), the exchange rate shifted by +0.0155 (+0.03%).

2021 Avg (May) 60.1311
2020 Avg (May) 60.1156

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 60.6574 60.0555 60.2283
February 60.4629 59.7624 60.1516
March 60.5035 59.7802 60.0920
April 60.5158 59.8910 60.1799
May 60.7773 59.8693 60.1311
June 60.3656 59.5619 60.0438
July 60.3240 59.6918 60.0940
August 60.3519 59.7828 60.1022
September 60.2940 59.9674 60.1211
October 60.4993 59.6362 60.0701
November 60.2896 59.8741 60.1460
December 60.2343 59.9560 60.0933