2021 RSD to GNF Historical Review

YEARLY HIGH

107.2023 GNF

YEARLY LOW

88.8691 GNF

YEARLY AVERAGE

99.0823 GNF

2021 RSD to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the RSD to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 107.2023. Conversely, the yearly low was recorded on December 17, dropping to 88.8691.

This high-to-low spread represents a total annual volatility of 18.3332 GNF. From a start-to-finish perspective, comparing the January average rate of 105.4517 to the December average rate of 90.5009, the exchange rate registered a net change of -14.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 107.2023 was up 2.36% compared to the 2020 peak of 104.7290, 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 536,011 GNF

2020 Average 467,320 GNF

Yearly Trough Low 444,345 GNF

Transaction Impact: A difference of 91,666.03 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

106.9468

89.0058

JanuMarcMayJulySeptNove

RSD to GNF 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 102.6185, compared to 95.5462 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.0723 points.

H1 Avg (Jan–Jun) 102.6185

H2 Avg (Jul–Dec) 95.5462

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 4.4514 GNF (High: 94.8403 / Low: 90.3889). On the other end, October was the most stable month, with a tight range of 1.3737 GNF (High: 96.4056 / Low: 95.0319).

November Spread (Volatile) ±4.4514

October Spread (Stable) ±1.3737

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 3.4363 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -3.4363

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 105.4517) against the same month in 2020 (average: 89.5778), the exchange rate shifted by +15.8739 (+17.72%).

2021 Avg (January) 105.4517

2020 Avg (January) 89.5778

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	107.2023	103.9148	105.4517
February	106.5172	102.8597	104.5886
March	103.8109	100.0949	101.9182
April	102.0924	99.9050	101.2695
May	102.5852	101.0858	101.8648
June	101.9811	99.4236	100.6181
July	99.6415	97.8827	98.6811
August	98.9222	97.0662	97.9061
September	98.8340	96.0785	97.9500
October	96.4056	95.0319	95.8376
November	94.8403	90.3889	92.4014
December	91.3781	88.8691	90.5009