2021 RSD to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 RSD to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the RSD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 40.8457. Conversely, the yearly low was recorded on December 23, dropping to 37.6249.
This high-to-low spread represents a total annual volatility of 3.2208 MGA. From a start-to-finish perspective, comparing the January average rate of 39.3474 to the December average rate of 38.1423, the exchange rate registered a net change of -3.06% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 40.8457 was up 0.86% compared to the 2020 peak of 40.4976, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RSD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
RSD to MGA Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 38.7166, compared to 38.7862 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0696 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was January, with a trading range of 2.2305 MGA (High: 40.8457 / Low: 38.6152). On the other end, March was the most stable month, with a tight range of 0.6477 MGA (High: 38.5467 / Low: 37.8990).
Growth Streaks & Declines
TrendsBetween March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.6604 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2021: 39.3474) against the same month in 2020 (average: 34.7644), the exchange rate shifted by +4.5830 (+13.18%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 40.8457 | 38.6152 | 39.3474 |
| February | 38.9411 | 37.9556 | 38.6870 |
| March | 38.5467 | 37.8990 | 38.1952 |
| April | 39.0225 | 37.8535 | 38.4962 |
| May | 39.1004 | 38.4130 | 38.8334 |
| June | 39.7985 | 38.1039 | 38.7405 |
| July | 39.5224 | 37.9202 | 38.6254 |
| August | 39.4408 | 38.0573 | 38.9496 |
| September | 39.6466 | 38.9919 | 39.3606 |
| October | 39.3869 | 38.4801 | 39.0534 |
| November | 39.1510 | 37.9544 | 38.5858 |
| December | 38.3739 | 37.6249 | 38.1423 |