YEARLY HIGH
0.9344 RSD
YEARLY LOW
0.8708 RSD
YEARLY AVERAGE
0.9067 RSD

2021 KES to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KES to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.9344. Conversely, the yearly low was recorded on January 6, dropping to 0.8708.

This high-to-low spread represents a total annual volatility of 0.0636 RSD. From a start-to-finish perspective, comparing the January average rate of 0.8805 to the December average rate of 0.9206, the exchange rate registered a net change of 4.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.9344 was down 13.27% compared to the 2020 peak of 1.0775, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,672 RSD
2020 Average 4,851 RSD
Yearly Trough Low 4,354 RSD
Transaction Impact: A difference of 318.14 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.9248
0.8765
JanuMarcMayJulySeptNove

KES 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 0.8977, compared to 0.9157 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0180 points.

H1 Avg (JanтАУJun) 0.8977
H2 Avg (JulтАУDec) 0.9157

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0298 RSD (High: 0.9250 / Low: 0.8952). On the other end, July was the most stable month, with a tight range of 0.0114 RSD (High: 0.9230 / Low: 0.9116).

April Spread (Volatile) ┬▒0.0298
July Spread (Stable) ┬▒0.0114

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 0.0105 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0105

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.9208) against the same month in 2020 (average: 0.9079), the exchange rate shifted by +0.0129 (+1.42%).

2021 Avg (November) 0.9208
2020 Avg (November) 0.9079

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Month High Low Average
January 0.8872 0.8708 0.8805
February 0.8953 0.8801 0.8868
March 0.9153 0.8890 0.9008
April 0.9250 0.8952 0.9117
May 0.9158 0.8893 0.9013
June 0.9169 0.8934 0.9051
July 0.9230 0.9116 0.9190
August 0.9197 0.9041 0.9138
September 0.9196 0.8999 0.9062
October 0.9208 0.9070 0.9137
November 0.9344 0.9083 0.9208
December 0.9253 0.9137 0.9206