YEARLY HIGH
0.2425 RSD
YEARLY LOW
0.2245 RSD
YEARLY AVERAGE
0.2331 RSD

2021 KZT to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KZT to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 0.2425. Conversely, the yearly low was recorded on May 26, dropping to 0.2245.

This high-to-low spread represents a total annual volatility of 0.0180 RSD. From a start-to-finish perspective, comparing the January average rate of 0.2299 to the December average rate of 0.2382, the exchange rate registered a net change of 3.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2425 was down 16.34% compared to the 2020 peak of 0.2898, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,212 RSD
2020 Average 1,249 RSD
Yearly Trough Low 1,122 RSD
Transaction Impact: A difference of 90.03 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2400
0.2250
JanuMarcMayJulySeptNove

KZT 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 0.2301, compared to 0.2361 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0060 points.

H1 Avg (Jan–Jun) 0.2301
H2 Avg (Jul–Dec) 0.2361

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0094 RSD (High: 0.2353 / Low: 0.2260). On the other end, December was the most stable month, with a tight range of 0.0026 RSD (High: 0.2397 / Low: 0.2371).

April Spread (Volatile) ±0.0094
December Spread (Stable) ±0.0026

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 0.0059 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0059

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.2388) against the same month in 2020 (average: 0.2314), the exchange rate shifted by +0.0073 (+3.16%).

2021 Avg (November) 0.2388
2020 Avg (November) 0.2314

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2325 0.2265 0.2299
February 0.2339 0.2293 0.2322
March 0.2360 0.2323 0.2348
April 0.2353 0.2260 0.2289
May 0.2295 0.2245 0.2263
June 0.2311 0.2248 0.2283
July 0.2345 0.2305 0.2328
August 0.2359 0.2322 0.2345
September 0.2384 0.2323 0.2344
October 0.2397 0.2358 0.2378
November 0.2425 0.2347 0.2388
December 0.2397 0.2371 0.2382