2021 MOP to RSD Historical Review

YEARLY HIGH

13.0659 RSD

YEARLY LOW

11.9410 RSD

YEARLY AVERAGE

12.4202 RSD

2021 MOP to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MOP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 13.0659. Conversely, the yearly low was recorded on January 6, dropping to 11.9410.

This high-to-low spread represents a total annual volatility of 1.1249 RSD. From a start-to-finish perspective, comparing the January average rate of 12.1145 to the December average rate of 12.9465, the exchange rate registered a net change of 6.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 13.0659 was down 5.26% compared to the 2020 peak of 13.7914, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 65,329 RSD

2020 Average 64,563 RSD

Yearly Trough Low 59,705 RSD

Transaction Impact: A difference of 5,624.63 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

13.0302

12.0254

JanuMarcMayJulySeptNove

MOP 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 12.2108, compared to 12.6296 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4188 points.

H1 Avg (Jan–Jun) 12.2108

H2 Avg (Jul–Dec) 12.6296

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.4236 RSD (High: 13.0659 / Low: 12.6423). On the other end, October was the most stable month, with a tight range of 0.1208 RSD (High: 12.7095 / Low: 12.5887).

November Spread (Volatile) ±0.4236

October Spread (Stable) ±0.1208

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 April and May, when the average rate fell by 0.1939 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1939

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 12.8506) against the same month in 2020 (average: 12.4301), the exchange rate shifted by +0.4205 (+3.38%).

2021 Avg (November) 12.8506

2020 Avg (November) 12.4301

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.2043	11.9410	12.1145
February	12.2930	12.1001	12.1772
March	12.5164	12.2010	12.3554
April	12.5065	12.1333	12.3030
May	12.2390	12.0098	12.1091
June	12.3580	12.0404	12.2054
July	12.4879	12.3231	12.4221
August	12.5443	12.3380	12.4588
September	12.6661	12.3699	12.4556
October	12.7095	12.5887	12.6440
November	13.0659	12.6423	12.8506
December	13.0197	12.8681	12.9465