YEARLY HIGH
15.2180 RSD
YEARLY LOW
13.8702 RSD
YEARLY AVERAGE
14.4042 RSD

2021 BOB to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BOB to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 15.2180. Conversely, the yearly low was recorded on January 5, dropping to 13.8702.

This high-to-low spread represents a total annual volatility of 1.3478 RSD. From a start-to-finish perspective, comparing the January average rate of 14.0465 to the December average rate of 15.0745, the exchange rate registered a net change of 7.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 15.2180 was down 4.99% compared to the 2020 peak of 16.0171, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 76,090 RSD
2020 Average 74,719 RSD
Yearly Trough Low 69,351 RSD
Transaction Impact: A difference of 6,739.12 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

15.1785
13.9301
JanuMarcMayJulySeptNove

BOB 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 14.1378, compared to 14.6707 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5330 points.

H1 Avg (Jan–Jun) 14.1378
H2 Avg (Jul–Dec) 14.6707

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.5263 RSD (High: 15.2180 / Low: 14.6917). On the other end, October was the most stable month, with a tight range of 0.1593 RSD (High: 14.7624 / Low: 14.6032).

November Spread (Volatile) ±0.5263
October Spread (Stable) ±0.1593

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 0.2235 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2235

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 14.9455) against the same month in 2020 (average: 14.3906), the exchange rate shifted by +0.5549 (+3.86%).

2021 Avg (November) 14.9455
2020 Avg (November) 14.3906

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.1568 13.8702 14.0465
February 14.2165 13.9747 14.0775
March 14.5048 14.1181 14.3047
April 14.4876 14.0291 14.2576
May 14.2027 13.9057 14.0341
June 14.3326 13.8781 14.1060
July 14.4927 14.2624 14.3983
August 14.5597 14.3074 14.4707
September 14.7166 14.3460 14.4616
October 14.7624 14.6032 14.6739
November 15.2180 14.6917 14.9455
December 15.1767 14.9908 15.0745