2021 PKR to RSD Historical Review

YEARLY HIGH

0.6563 RSD

YEARLY LOW

0.5776 RSD

YEARLY AVERAGE

0.6112 RSD

2021 PKR to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PKR to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 31, valuing the pair at 0.6563. Conversely, the yearly low was recorded on October 26, dropping to 0.5776.

This high-to-low spread represents a total annual volatility of 0.0787 RSD. From a start-to-finish perspective, comparing the January average rate of 0.6027 to the December average rate of 0.5859, the exchange rate registered a net change of -2.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.6563 was down 7.12% compared to the 2020 peak of 0.7066, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 328,142 RSD

2020 Average 319,065 RSD

Yearly Trough Low 288,803 RSD

Transaction Impact: A difference of 39,339.39 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.6484

0.5802

JanuMarcMayJulySeptNove

PKR 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 0.6240, compared to 0.5983 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0257 points.

H1 Avg (Jan–Jun) 0.6240

H2 Avg (Jul–Dec) 0.5983

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0384 RSD (High: 0.6563 / Low: 0.6178). On the other end, September was the most stable month, with a tight range of 0.0093 RSD (High: 0.5953 / Low: 0.5861).

March Spread (Volatile) ±0.0384

September Spread (Stable) ±0.0093

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 July and August, when the average rate fell by 0.0149 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0149

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.6329) against the same month in 2020 (average: 0.6719), the exchange rate shifted by -0.0390 (-5.80%).

2021 Avg (March) 0.6329

2020 Avg (March) 0.6719

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6075	0.5940	0.6027
February	0.6153	0.6045	0.6102
March	0.6563	0.6178	0.6329
April	0.6559	0.6307	0.6428
May	0.6404	0.6200	0.6318
June	0.6281	0.6180	0.6239
July	0.6311	0.6089	0.6212
August	0.6137	0.5955	0.6063
September	0.5953	0.5861	0.5925
October	0.5963	0.5776	0.5892
November	0.5995	0.5849	0.5949
December	0.5925	0.5800	0.5859