2021 NIO to RSD Historical Review

YEARLY HIGH

2.9788 RSD

YEARLY LOW

2.7292 RSD

YEARLY AVERAGE

2.8334 RSD

2021 NIO to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NIO to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 2.9788. Conversely, the yearly low was recorded on May 22, dropping to 2.7292.

This high-to-low spread represents a total annual volatility of 0.2496 RSD. From a start-to-finish perspective, comparing the January average rate of 2.7692 to the December average rate of 2.9440, the exchange rate registered a net change of 6.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.9788 was down 8.48% compared to the 2020 peak of 3.2548, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,894 RSD

2020 Average 15,001 RSD

Yearly Trough Low 13,646 RSD

Transaction Impact: A difference of 1,248.16 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.9624

2.7413

JanuMarcMayJulySeptNove

NIO 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: Jan–Jun) was 2.7881, compared to 2.8786 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0905 points.

H1 Avg (Jan–Jun) 2.7881

H2 Avg (Jul–Dec) 2.8786

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.1065 RSD (High: 2.9788 / Low: 2.8723). On the other end, October was the most stable month, with a tight range of 0.0311 RSD (High: 2.8962 / Low: 2.8651).

November Spread (Volatile) ±0.1065

October Spread (Stable) ±0.0311

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 0.0545 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0545

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 2.9275) against the same month in 2020 (average: 2.8458), the exchange rate shifted by +0.0817 (+2.87%).

2021 Avg (November) 2.9275

2020 Avg (November) 2.8458

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7945	2.7325	2.7692
February	2.8091	2.7626	2.7832
March	2.8653	2.7867	2.8222
April	2.8707	2.7672	2.8142
May	2.7952	2.7292	2.7597
June	2.8212	2.7328	2.7803
July	2.8596	2.8188	2.8369
August	2.8667	2.8134	2.8440
September	2.8894	2.8204	2.8407
October	2.8962	2.8651	2.8785
November	2.9788	2.8723	2.9275
December	2.9624	2.9205	2.9440