2021 MVR to RSD Historical Review

YEARLY HIGH

6.8149 RSD

YEARLY LOW

6.1840 RSD

YEARLY AVERAGE

6.4434 RSD

2021 MVR to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MVR to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 6.8149. Conversely, the yearly low was recorded on January 6, dropping to 6.1840.

This high-to-low spread represents a total annual volatility of 0.6310 RSD. From a start-to-finish perspective, comparing the January average rate of 6.2828 to the December average rate of 6.7369, the exchange rate registered a net change of 7.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 6.8149 was down 4.83% compared to the 2020 peak of 7.1610, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 34,075 RSD

2020 Average 33,429 RSD

Yearly Trough Low 30,920 RSD

Transaction Impact: A difference of 3,154.82 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

6.7825

6.2362

JanuMarcMayJulySeptNove

MVR 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 6.3277, compared to 6.5592 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2315 points.

H1 Avg (Jan–Jun) 6.3277

H2 Avg (Jul–Dec) 6.5592

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.2492 RSD (High: 6.8149 / Low: 6.5657). On the other end, October was the most stable month, with a tight range of 0.0782 RSD (High: 6.6050 / Low: 6.5269).

November Spread (Volatile) ±0.2492

October Spread (Stable) ±0.0782

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 0.0891 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0891

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 6.6781) against the same month in 2020 (average: 6.4436), the exchange rate shifted by +0.2345 (+3.64%).

2021 Avg (November) 6.6781

2020 Avg (November) 6.4436

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.3247	6.1840	6.2828
February	6.3675	6.2742	6.3127
March	6.4871	6.3305	6.3999
April	6.4850	6.2816	6.3708
May	6.3782	6.2162	6.2817
June	6.4242	6.2220	6.3180
July	6.4947	6.3999	6.4493
August	6.5181	6.4009	6.4641
September	6.5773	6.4098	6.4670
October	6.6050	6.5269	6.5595
November	6.8149	6.5657	6.6781
December	6.7953	6.7006	6.7369

૨૦૨૫ MVR થી RSD ઐતિહાસિક સમીક્ષા