YEARLY HIGH
36.8051 RSD
YEARLY LOW
35.2306 RSD
YEARLY AVERAGE
35.7965 RSD

2021 TND to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TND to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 36.8051. Conversely, the yearly low was recorded on June 10, dropping to 35.2306.

This high-to-low spread represents a total annual volatility of 1.5744 RSD. From a start-to-finish perspective, comparing the January average rate of 35.8726 to the December average rate of 36.1548, the exchange rate registered a net change of 0.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 36.8051 was down 3.71% compared to the 2020 peak of 38.2237, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 184,025 RSD
2020 Average 183,783 RSD
Yearly Trough Low 176,153 RSD
Transaction Impact: A difference of 7,872.11 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

36.2240
35.3937
JanuMarcMayJulySeptNove

TND 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 35.6980, compared to 35.8951 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1972 points.

H1 Avg (Jan–Jun) 35.6980
H2 Avg (Jul–Dec) 35.8951

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 1.1132 RSD (High: 36.8051 / Low: 35.6919). On the other end, May was the most stable month, with a tight range of 0.3660 RSD (High: 35.6202 / Low: 35.2542).

November Spread (Volatile) ±1.1132
May Spread (Stable) ±0.3660

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 March and April, when the average rate fell by 0.2500 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2500

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 36.1197) against the same month in 2020 (average: 36.1333), the exchange rate shifted by -0.0136 (-0.04%).

2021 Avg (November) 36.1197
2020 Avg (November) 36.1333

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 36.1578 35.5512 35.8726
February 36.0952 35.5518 35.8492
March 36.0505 35.4762 35.8805
April 35.9670 35.3410 35.6306
May 35.6202 35.2542 35.4629
June 35.7189 35.2306 35.4919
July 35.8741 35.4760 35.6796
August 36.0994 35.3941 35.8278
September 36.1827 35.5310 35.7249
October 36.1408 35.7341 35.8640
November 36.8051 35.6919 36.1197
December 36.6324 35.9501 36.1548