2021 MYR to RSD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 MYR to RSD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the MYR to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 24.9910. Conversely, the yearly low was recorded on May 25, dropping to 23.1682.
This high-to-low spread represents a total annual volatility of 1.8228 RSD. From a start-to-finish perspective, comparing the January average rate of 23.9637 to the December average rate of 24.6952, the exchange rate registered a net change of 3.05% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 24.9910 was down 4.67% compared to the 2020 peak of 26.2162, indicating shifts in long-term support levels.
Comparing the value generated converting 20,000 MYR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
MYR to RSD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 23.8297, compared to 24.1647 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3351 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was May, with a trading range of 0.7208 RSD (High: 23.8890 / Low: 23.1682). On the other end, February was the most stable month, with a tight range of 0.2668 RSD (High: 24.1684 / Low: 23.9017).
Growth Streaks & Declines
TrendsBetween May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.4007 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2021: 24.6694) against the same month in 2020 (average: 24.1478), the exchange rate shifted by +0.5216 (+2.16%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 24.1687 | 23.7203 | 23.9637 |
| February | 24.1684 | 23.9017 | 24.0278 |
| March | 24.1645 | 23.8890 | 24.0350 |
| April | 24.1691 | 23.6410 | 23.8728 |
| May | 23.8890 | 23.1682 | 23.4722 |
| June | 23.8456 | 23.3191 | 23.6065 |
| July | 23.8982 | 23.4427 | 23.6555 |
| August | 23.9839 | 23.3958 | 23.6722 |
| September | 24.2731 | 23.8355 | 23.9628 |
| October | 24.4512 | 24.1736 | 24.3333 |
| November | 24.9910 | 24.4308 | 24.6694 |
| December | 24.8790 | 24.5242 | 24.6952 |