YEARLY HIGH
49.6550 RSD
YEARLY LOW
46.9859 RSD
YEARLY AVERAGE
48.0670 RSD

2021 FJD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the FJD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 21, valuing the pair at 49.6550. Conversely, the yearly low was recorded on January 4, dropping to 46.9859.

This high-to-low spread represents a total annual volatility of 2.6691 RSD. From a start-to-finish perspective, comparing the January average rate of 47.5323 to the December average rate of 48.8408, the exchange rate registered a net change of 2.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 49.6550 was up 0.19% compared to the 2020 peak of 49.5587, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 248,275 RSD
2020 Average 237,813 RSD
Yearly Trough Low 234,930 RSD
Transaction Impact: A difference of 13,345.43 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

49.2536
47.3759
JanuMarcMayJulySeptNove

FJD 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 47.8455, compared to 48.2885 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4429 points.

H1 Avg (Jan–Jun) 47.8455
H2 Avg (Jul–Dec) 48.2885

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 1.2216 RSD (High: 49.0843 / Low: 47.8627). On the other end, September was the most stable month, with a tight range of 0.5671 RSD (High: 48.1562 / Low: 47.5891).

October Spread (Volatile) ±1.2216
September Spread (Stable) ±0.5671

Growth Streaks & Declines

Trends

Between August and November, 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 0.3833 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3833

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 49.0971) against the same month in 2020 (average: 47.2136), the exchange rate shifted by +1.8835 (+3.99%).

2021 Avg (November) 49.0971
2020 Avg (November) 47.2136

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 47.9508 46.9859 47.5323
February 48.4636 47.4728 47.9194
March 48.8220 47.9773 48.3049
April 48.5354 47.5884 48.0563
May 48.1793 47.2830 47.6731
June 47.9218 47.1706 47.5871
July 48.1221 47.4645 47.7710
August 48.3187 47.2772 47.7270
September 48.1562 47.5891 47.8362
October 49.0843 47.8627 48.4587
November 49.6550 48.5159 49.0971
December 49.1307 48.5333 48.8408