YEARLY HIGH
0.9726 CVE
YEARLY LOW
0.9300 CVE
YEARLY AVERAGE
0.9412 CVE

2021 RSD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the RSD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on June 28, valuing the pair at 0.9726. Conversely, the yearly low was recorded on November 11, dropping to 0.9300.

This high-to-low spread represents a total annual volatility of 0.0426 CVE. From a start-to-finish perspective, comparing the January average rate of 0.9400 to the December average rate of 0.9422, the exchange rate registered a net change of 0.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.9726 was down 59.28% compared to the 2020 peak of 2.3885, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,863 CVE
2020 Average 4,727 CVE
Yearly Trough Low 4,650 CVE
Transaction Impact: A difference of 213.01 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.9431
0.9385
JanuMarcMayJulySeptNove

RSD to CVE 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 0.9416, compared to 0.9409 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0007 points.

H1 Avg (JanтАУJun) 0.9416
H2 Avg (JulтАУDec) 0.9409

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.0407 CVE (High: 0.9726 / Low: 0.9319). On the other end, October was the most stable month, with a tight range of 0.0054 CVE (High: 0.9437 / Low: 0.9383).

June Spread (Volatile) ┬▒0.0407
October Spread (Stable) ┬▒0.0054

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0036 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.9428) against the same month in 2020 (average: 0.9418), the exchange rate shifted by +0.0010 (+0.10%).

2021 Avg (June) 0.9428
2020 Avg (June) 0.9418

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 0.9471 0.9343 0.9400
February 0.9459 0.9376 0.9415
March 0.9466 0.9393 0.9422
April 0.9464 0.9364 0.9411
May 0.9480 0.9387 0.9419
June 0.9726 0.9319 0.9428
July 0.9481 0.9389 0.9425
August 0.9434 0.9344 0.9389
September 0.9452 0.9378 0.9406
October 0.9437 0.9383 0.9415
November 0.9507 0.9300 0.9397
December 0.9454 0.9393 0.9422