YEARLY HIGH
1.4080 RSD
YEARLY LOW
1.2976 RSD
YEARLY AVERAGE
1.3451 RSD

2021 INR to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the INR to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 1.4080. Conversely, the yearly low was recorded on April 21, dropping to 1.2976.

This high-to-low spread represents a total annual volatility of 0.1103 RSD. From a start-to-finish perspective, comparing the January average rate of 1.3238 to the December average rate of 1.3793, the exchange rate registered a net change of 4.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.4080 was down 7.45% compared to the 2020 peak of 1.5213, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 351,990 RSD
2020 Average 347,961 RSD
Yearly Trough Low 324,406 RSD
Transaction Impact: A difference of 27,584.33 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.3909
1.3157
JanuMarcMayJulySeptNove

INR 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 1.3312, compared to 1.3590 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0277 points.

H1 Avg (Jan–Jun) 1.3312
H2 Avg (Jul–Dec) 1.3590

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0695 RSD (High: 1.3671 / Low: 1.2976). On the other end, June was the most stable month, with a tight range of 0.0188 RSD (High: 1.3329 / Low: 1.3142).

April Spread (Volatile) ±0.0695
June Spread (Stable) ±0.0188

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0355 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0355

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 1.3846) against the same month in 2020 (average: 1.3372), the exchange rate shifted by +0.0474 (+3.54%).

2021 Avg (November) 1.3846
2020 Avg (November) 1.3372

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3359 1.3029 1.3238
February 1.3487 1.3171 1.3354
March 1.3774 1.3315 1.3575
April 1.3671 1.2976 1.3220
May 1.3334 1.3135 1.3231
June 1.3329 1.3142 1.3255
July 1.3423 1.3219 1.3336
August 1.3604 1.3281 1.3478
September 1.3685 1.3478 1.3563
October 1.3687 1.3424 1.3522
November 1.4080 1.3567 1.3846
December 1.3951 1.3620 1.3793