2021 SVC to RSD Historical Review

YEARLY HIGH

11.9917 RSD

YEARLY LOW

10.8989 RSD

YEARLY AVERAGE

11.3643 RSD

2021 SVC to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SVC to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 11.9917. Conversely, the yearly low was recorded on January 6, dropping to 10.8989.

This high-to-low spread represents a total annual volatility of 1.0928 RSD. From a start-to-finish perspective, comparing the January average rate of 11.0560 to the December average rate of 11.8854, the exchange rate registered a net change of 7.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 11.9917 was down 4.85% compared to the 2020 peak of 12.6027, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 59,958 RSD

2020 Average 58,947 RSD

Yearly Trough Low 54,494 RSD

Transaction Impact: A difference of 5,464.10 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

11.9684

10.9731

JanuMarcMayJulySeptNove

SVC 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 11.1558, compared to 11.5727 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4169 points.

H1 Avg (Jan–Jun) 11.1558

H2 Avg (Jul–Dec) 11.5727

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.4089 RSD (High: 11.9917 / Low: 11.5828). On the other end, October was the most stable month, with a tight range of 0.1255 RSD (High: 11.6487 / Low: 11.5232).

November Spread (Volatile) ±0.4089

October Spread (Stable) ±0.1255

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 0.1837 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1837

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 11.7858) against the same month in 2020 (average: 11.3442), the exchange rate shifted by +0.4417 (+3.89%).

2021 Avg (November) 11.7858

2020 Avg (November) 11.3442

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.1356	10.8989	11.0560
February	11.2182	11.0446	11.1132
March	11.4543	11.1412	11.2940
April	11.4491	11.0863	11.2523
May	11.1920	10.9737	11.0685
June	11.2959	10.9962	11.1510
July	11.4204	11.2586	11.3619
August	11.5038	11.2901	11.4158
September	11.6131	11.3180	11.4078
October	11.6487	11.5232	11.5796
November	11.9917	11.5828	11.7858
December	11.9597	11.8129	11.8854

૨૦૨૫ SVC થી RSD ઐતિહાસિક સમીક્ષા