YEARLY HIGH
1.3339 ISK
YEARLY LOW
1.2401 ISK
YEARLY AVERAGE
1.2774 ISK

2021 RSD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the RSD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 16, valuing the pair at 1.3339. Conversely, the yearly low was recorded on July 14, dropping to 1.2401.

This high-to-low spread represents a total annual volatility of 0.0939 ISK. From a start-to-finish perspective, comparing the January average rate of 1.3282 to the December average rate of 1.2508, the exchange rate registered a net change of -5.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.3339 was down 5.42% compared to the 2020 peak of 1.4104, 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 6,670 ISK
2020 Average 6,569 ISK
Yearly Trough Low 6,200 ISK
Transaction Impact: A difference of 469.33 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.3359
1.2430
JanuMarcMayJulySeptNove

RSD to ISK 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 1.2899, compared to 1.2650 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0249 points.

H1 Avg (Jan–Jun) 1.2899
H2 Avg (Jul–Dec) 1.2650

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0469 ISK (High: 1.3108 / Low: 1.2639). On the other end, January was the most stable month, with a tight range of 0.0115 ISK (High: 1.3324 / Low: 1.3209).

March Spread (Volatile) ±0.0469
January Spread (Stable) ±0.0115

Growth Streaks & Declines

Trends

Between June and September, 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 February and March, when the average rate fell by 0.0304 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0304

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 1.3190) against the same month in 2020 (average: 1.1746), the exchange rate shifted by +0.1444 (+12.30%).

2021 Avg (February) 1.3190
2020 Avg (February) 1.1746

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.3324 1.3209 1.3282
February 1.3339 1.3049 1.3190
March 1.3108 1.2639 1.2887
April 1.2918 1.2566 1.2792
May 1.2867 1.2503 1.2730
June 1.2615 1.2404 1.2511
July 1.2641 1.2401 1.2512
August 1.2754 1.2508 1.2630
September 1.2967 1.2734 1.2837
October 1.2856 1.2636 1.2743
November 1.2806 1.2470 1.2671
December 1.2563 1.2432 1.2508