YEARLY HIGH
0.0073 RSD
YEARLY LOW
0.0067 RSD
YEARLY AVERAGE
0.0070 RSD

2021 IDR to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the IDR to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 0.0073. Conversely, the yearly low was recorded on April 25, dropping to 0.0067.

This high-to-low spread represents a total annual volatility of 0.0007 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0069 to the December average rate of 0.0073, the exchange rate registered a net change of 5.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0073 was down 8.95% compared to the 2020 peak of 0.0081, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 73,430 RSD
2020 Average 71,028 RSD
Yearly Trough Low 66,899 RSD
Transaction Impact: A difference of 6,531.75 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0073
0.0067
JanuMarcMayJulySeptNove

IDR 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 0.0068, compared to 0.0071 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0068
H2 Avg (Jul–Dec) 0.0071

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0003 RSD (High: 0.0073 / Low: 0.0071). On the other end, March was the most stable month, with a tight range of 0.0001 RSD (High: 0.0069 / Low: 0.0068).

November Spread (Volatile) ±0.0003
March Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0001 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.0072) against the same month in 2020 (average: 0.0070), the exchange rate shifted by +0.0002 (+3.28%).

2021 Avg (November) 0.0072
2020 Avg (November) 0.0070

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0070 0.0068 0.0069
February 0.0070 0.0068 0.0069
March 0.0069 0.0068 0.0069
April 0.0069 0.0067 0.0068
May 0.0069 0.0067 0.0068
June 0.0069 0.0067 0.0068
July 0.0069 0.0067 0.0069
August 0.0070 0.0068 0.0069
September 0.0071 0.0069 0.0070
October 0.0072 0.0071 0.0071
November 0.0073 0.0071 0.0072
December 0.0073 0.0072 0.0073