YEARLY HIGH
33.8708 RSD
YEARLY LOW
29.2963 RSD
YEARLY AVERAGE
30.7872 RSD

2021 ILS to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ILS to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 33.8708. Conversely, the yearly low was recorded on February 28, dropping to 29.2963.

This high-to-low spread represents a total annual volatility of 4.5745 RSD. From a start-to-finish perspective, comparing the January average rate of 29.9508 to the December average rate of 33.1995, the exchange rate registered a net change of 10.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 33.8708 was up 6.45% compared to the 2020 peak of 31.8199, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 169,354 RSD
2020 Average 149,929 RSD
Yearly Trough Low 146,482 RSD
Transaction Impact: A difference of 22,872.71 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

33.5490
29.3547
JanuMarcMayJulySeptNove

ILS 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 29.8604, compared to 31.7141 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8537 points.

H1 Avg (Jan–Jun) 29.8604
H2 Avg (Jul–Dec) 31.7141

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 1.5698 RSD (High: 33.8708 / Low: 32.3011). On the other end, April was the most stable month, with a tight range of 0.4256 RSD (High: 30.2531 / Low: 29.8275).

November Spread (Volatile) ±1.5698
April Spread (Stable) ±0.4256

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 April and May, when the average rate fell by 0.2975 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.2975

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 33.0393) against the same month in 2020 (average: 29.5502), the exchange rate shifted by +3.4890 (+11.81%).

2021 Avg (November) 33.0393
2020 Avg (November) 29.5502

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 30.8887 29.5516 29.9508
February 29.9233 29.2963 29.7042
March 30.0779 29.4782 29.7898
April 30.2531 29.8275 30.0120
May 30.1681 29.4194 29.7145
June 30.3430 29.6226 29.9911
July 30.6798 30.1500 30.3784
August 31.1181 30.6102 30.9785
September 31.4961 30.9069 31.1406
October 32.0108 31.3518 31.5480
November 33.8708 32.3011 33.0393
December 33.5840 32.7965 33.1995