2021 MMK to RSD Historical Review

YEARLY HIGH

0.0736 RSD

YEARLY LOW

0.0517 RSD

YEARLY AVERAGE

0.0624 RSD

2021 MMK to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MMK to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 2, valuing the pair at 0.0736. Conversely, the yearly low was recorded on October 7, dropping to 0.0517.

This high-to-low spread represents a total annual volatility of 0.0219 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0727 to the December average rate of 0.0584, the exchange rate registered a net change of -19.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0736 was down 6.16% compared to the 2020 peak of 0.0785, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 368 RSD

2020 Average 375 RSD

Yearly Trough Low 259 RSD

Transaction Impact: A difference of 109.45 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0746

0.0518

JanuMarcMayJulySeptNove

MMK 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 0.0668, compared to 0.0579 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0089 points.

H1 Avg (Jan–Jun) 0.0668

H2 Avg (Jul–Dec) 0.0579

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0088 RSD (High: 0.0711 / Low: 0.0623). On the other end, December was the most stable month, with a tight range of 0.0007 RSD (High: 0.0588 / Low: 0.0581).

April Spread (Volatile) ±0.0088

December Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between June and August, 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 0.0078 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0078

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.0694) against the same month in 2020 (average: 0.0743), the exchange rate shifted by -0.0048 (-6.52%).

2021 Avg (February) 0.0694

2020 Avg (February) 0.0743

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0732	0.0721	0.0727
February	0.0736	0.0685	0.0694
March	0.0711	0.0691	0.0701
April	0.0711	0.0623	0.0685
May	0.0629	0.0583	0.0607
June	0.0601	0.0585	0.0593
July	0.0607	0.0599	0.0604
August	0.0612	0.0600	0.0607
September	0.0604	0.0535	0.0566
October	0.0564	0.0517	0.0537
November	0.0589	0.0554	0.0577
December	0.0588	0.0581	0.0584