2021 PHP to RSD Historical Review

YEARLY HIGH

2.0980 RSD

YEARLY LOW

1.9572 RSD

YEARLY AVERAGE

2.0185 RSD

2021 PHP to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PHP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 2.0980. Conversely, the yearly low was recorded on July 19, dropping to 1.9572.

This high-to-low spread represents a total annual volatility of 0.1408 RSD. From a start-to-finish perspective, comparing the January average rate of 2.0132 to the December average rate of 2.0674, the exchange rate registered a net change of 2.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.0980 was down 2.85% compared to the 2020 peak of 2.1594, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 PHP based on timing:

Yearly Peak High 524,500 RSD

2020 Average 519,682 RSD

Yearly Trough Low 489,303 RSD

Transaction Impact: A difference of 35,197.75 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.0755

1.9783

JanuMarcMayJulySeptNove

PHP 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 2.0239, compared to 2.0131 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0108 points.

H1 Avg (Jan–Jun) 2.0239

H2 Avg (Jul–Dec) 2.0131

Volatility Range Comparison

Volatility

The most volatile month in 2021 was August, with a trading range of 0.0875 RSD (High: 2.0504 / Low: 1.9629). On the other end, June was the most stable month, with a tight range of 0.0241 RSD (High: 2.0364 / Low: 2.0122).

August Spread (Volatile) ±0.0875

June Spread (Stable) ±0.0241

Growth Streaks & Declines

Trends

Between September and December, 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 June and July, when the average rate fell by 0.0393 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0393

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 2.0674) against the same month in 2020 (average: 2.0092), the exchange rate shifted by +0.0582 (+2.90%).

2021 Avg (December) 2.0674

2020 Avg (December) 2.0092

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0290	1.9835	2.0132
February	2.0439	1.9731	2.0139
March	2.0658	2.0081	2.0357
April	2.0708	2.0078	2.0322
May	2.0444	1.9946	2.0224
June	2.0364	2.0122	2.0257
July	2.0167	1.9572	1.9864
August	2.0504	1.9629	1.9900
September	2.0021	1.9661	1.9884
October	2.0136	1.9853	1.9979
November	2.0844	2.0051	2.0482
December	2.0980	2.0241	2.0674