YEARLY HIGH
1.4114 RSD
YEARLY LOW
1.3014 RSD
YEARLY AVERAGE
1.3462 RSD

2021 BTN to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BTN to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 1.4114. Conversely, the yearly low was recorded on April 26, dropping to 1.3014.

This high-to-low spread represents a total annual volatility of 0.1100 RSD. From a start-to-finish perspective, comparing the January average rate of 1.3238 to the December average rate of 1.3813, the exchange rate registered a net change of 4.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.4114 was down 7.53% compared to the 2020 peak of 1.5264, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,057 RSD
2020 Average 6,965 RSD
Yearly Trough Low 6,507 RSD
Transaction Impact: A difference of 550.20 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.3917
1.3165
JanuMarcMayJulySeptNove

BTN 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: JanтАУJun) was 1.3325, compared to 1.3598 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0273 points.

H1 Avg (JanтАУJun) 1.3325
H2 Avg (JulтАУDec) 1.3598

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0626 RSD (High: 1.3640 / Low: 1.3014). On the other end, June was the most stable month, with a tight range of 0.0158 RSD (High: 1.3353 / Low: 1.3196).

April Spread (Volatile) ┬▒0.0626
June Spread (Stable) ┬▒0.0158

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0345 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0345

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 1.3854) against the same month in 2020 (average: 1.3368), the exchange rate shifted by +0.0486 (+3.63%).

2021 Avg (November) 1.3854
2020 Avg (November) 1.3368

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 1.3390 1.3040 1.3238
February 1.3480 1.3273 1.3382
March 1.3789 1.3278 1.3593
April 1.3640 1.3014 1.3248
May 1.3321 1.3072 1.3228
June 1.3353 1.3196 1.3265
July 1.3427 1.3267 1.3347
August 1.3623 1.3294 1.3469
September 1.3695 1.3476 1.3575
October 1.3692 1.3435 1.3532
November 1.4114 1.3563 1.3854
December 1.3957 1.3643 1.3813