YEARLY HIGH
2.4922 RSD
YEARLY LOW
0.4584 RSD
YEARLY AVERAGE
2.2729 RSD

2021 ETB to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ETB to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 2.4922. Conversely, the yearly low was recorded on December 27, dropping to 0.4584.

This high-to-low spread represents a total annual volatility of 2.0338 RSD. From a start-to-finish perspective, comparing the January average rate of 2.4555 to the December average rate of 2.0854, the exchange rate registered a net change of -15.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.4922 was down 26.86% compared to the 2020 peak of 3.4072, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,461 RSD
2020 Average 14,847 RSD
Yearly Trough Low 2,292 RSD
Transaction Impact: A difference of 10,168.89 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.4925
2.0484
JanuMarcMayJulySeptNove

ETB 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 2.3694, compared to 2.1764 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.1931 points.

H1 Avg (JanтАУJun) 2.3694
H2 Avg (JulтАУDec) 2.1764

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 1.7125 RSD (High: 2.1710 / Low: 0.4584). On the other end, July was the most stable month, with a tight range of 0.0391 RSD (High: 2.2715 / Low: 2.2324).

December Spread (Volatile) ┬▒1.7125
July Spread (Stable) ┬▒0.0391

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0930 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0930

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 2.4416) against the same month in 2020 (average: 3.3558), the exchange rate shifted by -0.9142 (-27.24%).

2021 Avg (February) 2.4416
2020 Avg (February) 3.3558

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 2.4757 2.4233 2.4555
February 2.4922 2.3963 2.4416
March 2.4870 2.3934 2.4403
April 2.4428 2.3073 2.3644
May 2.3261 2.2165 2.2714
June 2.2751 2.2128 2.2434
July 2.2715 2.2324 2.2555
August 2.2459 2.1751 2.2135
September 2.1952 2.1464 2.1670
October 2.2008 2.1323 2.1662
November 2.1979 2.1362 2.1705
December 2.1710 0.4584 2.0854