YEARLY HIGH
0.0367 RSD
YEARLY LOW
0.0335 RSD
YEARLY AVERAGE
0.0349 RSD

2021 MNT to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MNT to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.0367. Conversely, the yearly low was recorded on January 5, dropping to 0.0335.

This high-to-low spread represents a total annual volatility of 0.0032 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0339 to the December average rate of 0.0364, the exchange rate registered a net change of 7.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0367 was down 8.19% compared to the 2020 peak of 0.0400, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 184 RSD
2020 Average 184 RSD
Yearly Trough Low 168 RSD
Transaction Impact: A difference of 16.08 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0366
0.0337
JanuMarcMayJulySeptNove

MNT 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 0.0342, compared to 0.0355 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0342
H2 Avg (Jul–Dec) 0.0355

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0012 RSD (High: 0.0367 / Low: 0.0355). On the other end, October was the most stable month, with a tight range of 0.0004 RSD (High: 0.0357 / Low: 0.0354).

November Spread (Volatile) ±0.0012
October Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0005 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.0361) against the same month in 2020 (average: 0.0349), the exchange rate shifted by +0.0012 (+3.58%).

2021 Avg (November) 0.0361
2020 Avg (November) 0.0349

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0341 0.0335 0.0339
February 0.0344 0.0339 0.0341
March 0.0351 0.0342 0.0347
April 0.0351 0.0340 0.0345
May 0.0343 0.0337 0.0340
June 0.0347 0.0338 0.0343
July 0.0351 0.0346 0.0349
August 0.0353 0.0347 0.0350
September 0.0357 0.0348 0.0351
October 0.0357 0.0354 0.0355
November 0.0367 0.0355 0.0361
December 0.0366 0.0361 0.0364