YEARLY HIGH
1.3597 RSD
YEARLY LOW
0.9975 RSD
YEARLY AVERAGE
1.1216 RSD

2021 HTG to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HTG to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 1.3597. Conversely, the yearly low was recorded on September 9, dropping to 0.9975.

This high-to-low spread represents a total annual volatility of 0.3622 RSD. From a start-to-finish perspective, comparing the January average rate of 1.3268 to the December average rate of 1.0337, the exchange rate registered a net change of -22.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.3597 was down 15.05% compared to the 2020 peak of 1.6006, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,799 RSD
2020 Average 5,693 RSD
Yearly Trough Low 4,987 RSD
Transaction Impact: A difference of 1,811.15 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.3578
0.9859
JanuMarcMayJulySeptNove

HTG 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 1.2110, compared to 1.0323 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1787 points.

H1 Avg (Jan–Jun) 1.2110
H2 Avg (Jul–Dec) 1.0323

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.1212 RSD (High: 1.2532 / Low: 1.1320). On the other end, October was the most stable month, with a tight range of 0.0343 RSD (High: 1.0358 / Low: 1.0016).

April Spread (Volatile) ±0.1212
October Spread (Stable) ±0.0343

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.1007 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 1.3191) against the same month in 2020 (average: 1.1044), the exchange rate shifted by +0.2148 (+19.45%).

2021 Avg (February) 1.3191
2020 Avg (February) 1.1044

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3562 1.3065 1.3268
February 1.3597 1.2724 1.3191
March 1.3149 1.2412 1.2636
April 1.2532 1.1320 1.1989
May 1.1430 1.0514 1.0981
June 1.0859 1.0432 1.0594
July 1.0927 1.0318 1.0525
August 1.0578 1.0059 1.0272
September 1.0460 0.9975 1.0169
October 1.0358 1.0016 1.0195
November 1.0643 1.0271 1.0440
December 1.0549 1.0157 1.0337