YEARLY HIGH
148.0254 RSD
YEARLY LOW
134.4076 RSD
YEARLY AVERAGE
140.2539 RSD

2021 JOD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JOD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 148.0254. Conversely, the yearly low was recorded on January 6, dropping to 134.4076.

This high-to-low spread represents a total annual volatility of 13.6178 RSD. From a start-to-finish perspective, comparing the January average rate of 136.5155 to the December average rate of 146.7085, the exchange rate registered a net change of 7.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 148.0254 was down 4.83% compared to the 2020 peak of 155.5430, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 740,127 RSD
2020 Average 727,429 RSD
Yearly Trough Low 672,038 RSD
Transaction Impact: A difference of 68,088.86 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

147.7278
135.4962
JanuMarcMayJulySeptNove

JOD 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 137.6889, compared to 142.8188 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 5.1298 points.

H1 Avg (JanтАУJun) 137.6889
H2 Avg (JulтАУDec) 142.8188

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 5.0566 RSD (High: 148.0254 / Low: 142.9688). On the other end, October was the most stable month, with a tight range of 1.3123 RSD (High: 143.5409 / Low: 142.2287).

November Spread (Volatile) ┬▒5.0566
October Spread (Stable) ┬▒1.3123

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 2.2581 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.2581

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 145.4552) against the same month in 2020 (average: 140.0018), the exchange rate shifted by +5.4533 (+3.90%).

2021 Avg (November) 145.4552
2020 Avg (November) 140.0018

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 137.3766 134.4076 136.5155
February 138.5962 136.2800 137.1927
March 141.3611 137.5039 139.3565
April 141.3160 136.7945 138.8452
May 138.0888 135.3657 136.5871
June 139.3955 135.7213 137.6367
July 140.9184 139.0095 140.1767
August 142.0373 139.3302 140.8847
September 143.3275 139.7014 140.8013
October 143.5409 142.2287 142.8861
November 148.0254 142.9688 145.4552
December 147.6463 145.7772 146.7085