YEARLY HIGH
9.1701 RSD
YEARLY LOW
8.6953 RSD
YEARLY AVERAGE
8.9715 RSD

2021 BWP to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BWP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 9.1701. Conversely, the yearly low was recorded on January 12, dropping to 8.6953.

This high-to-low spread represents a total annual volatility of 0.4748 RSD. From a start-to-finish perspective, comparing the January average rate of 8.8204 to the December average rate of 8.8707, the exchange rate registered a net change of 0.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 9.1701 was down 7.71% compared to the 2020 peak of 9.9365, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 45,850 RSD
2020 Average 45,106 RSD
Yearly Trough Low 43,476 RSD
Transaction Impact: A difference of 2,374.05 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

9.1328
8.7919
JanuMarcMayJulySeptNove

BWP 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 8.9737, compared to 8.9693 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0043 points.

H1 Avg (JanтАУJun) 8.9737
H2 Avg (JulтАУDec) 8.9693

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.2876 RSD (High: 9.0695 / Low: 8.7819). On the other end, June was the most stable month, with a tight range of 0.1212 RSD (High: 9.1701 / Low: 9.0489).

November Spread (Volatile) ┬▒0.2876
June Spread (Stable) ┬▒0.1212

Growth Streaks & Declines

Trends

Between January and April, 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 October and November, when the average rate fell by 0.0812 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0812

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 9.1044) against the same month in 2020 (average: 8.9257), the exchange rate shifted by +0.1787 (+2.00%).

2021 Avg (June) 9.1044
2020 Avg (June) 8.9257

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

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Month High Low Average
January 8.9539 8.6953 8.8204
February 8.9918 8.8355 8.9271
March 9.0477 8.8326 8.9406
April 9.1012 8.9612 9.0375
May 9.1108 8.9455 9.0120
June 9.1701 9.0489 9.1044
July 9.1200 8.9442 9.0344
August 9.0714 8.8614 8.9667
September 9.1147 8.8930 9.0150
October 9.0692 8.8539 9.0051
November 9.0695 8.7819 8.9239
December 8.9476 8.7911 8.8707