YEARLY HIGH
0.0113 RSD
YEARLY LOW
0.0093 RSD
YEARLY AVERAGE
0.0101 RSD

2021 GNF to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GNF to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.0113. Conversely, the yearly low was recorded on January 5, dropping to 0.0093.

This high-to-low spread represents a total annual volatility of 0.0019 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0095 to the December average rate of 0.0111, the exchange rate registered a net change of 16.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0113 was down 3.56% compared to the 2020 peak of 0.0117, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 56 RSD
2020 Average 54 RSD
Yearly Trough Low 47 RSD
Transaction Impact: A difference of 9.62 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0112
0.0093
JanuMarcMayJulySeptNove

GNF 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 0.0097, compared to 0.0105 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0007 points.

H1 Avg (JanтАУJun) 0.0097
H2 Avg (JulтАУDec) 0.0105

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0005 RSD (High: 0.0111 / Low: 0.0105). On the other end, May was the most stable month, with a tight range of 0.0001 RSD (High: 0.0099 / Low: 0.0097).

November Spread (Volatile) ┬▒0.0005
May Spread (Stable) ┬▒0.0001

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 April and May, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0111) against the same month in 2020 (average: 0.0097), the exchange rate shifted by +0.0013 (+13.74%).

2021 Avg (December) 0.0111
2020 Avg (December) 0.0097

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 0.0096 0.0093 0.0095
February 0.0097 0.0094 0.0096
March 0.0100 0.0096 0.0098
April 0.0100 0.0098 0.0099
May 0.0099 0.0097 0.0098
June 0.0101 0.0098 0.0099
July 0.0102 0.0100 0.0101
August 0.0103 0.0101 0.0102
September 0.0104 0.0101 0.0102
October 0.0105 0.0104 0.0104
November 0.0111 0.0105 0.0108
December 0.0113 0.0109 0.0111