2021 RSD to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 RSD to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the RSD to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 7, valuing the pair at 19.3252. Conversely, the yearly low was recorded on February 2, dropping to 13.5803.
This high-to-low spread represents a total annual volatility of 5.7449 MMK. From a start-to-finish perspective, comparing the January average rate of 13.7483 to the December average rate of 17.1175, the exchange rate registered a net change of 24.51% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 19.3252 was up 35.11% compared to the 2020 peak of 14.3036, 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 MMK 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 15.0695, compared to 17.3065 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2370 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was September, with a trading range of 2.1347 MMK (High: 18.6783 / Low: 16.5436). On the other end, December was the most stable month, with a tight range of 0.2125 MMK (High: 17.2228 / Low: 17.0103).
Growth Streaks & Declines
TrendsBetween March and June, 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 October and November, when the average rate fell by 1.2933 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2021: 18.6382) against the same month in 2020 (average: 12.9299), the exchange rate shifted by +5.7083 (+44.15%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 13.8657 | 13.6526 | 13.7483 |
| February | 14.5908 | 13.5803 | 14.4086 |
| March | 14.4637 | 14.0679 | 14.2687 |
| April | 16.0549 | 14.0745 | 14.6234 |
| May | 17.1424 | 15.9054 | 16.4970 |
| June | 17.1078 | 16.6522 | 16.8709 |
| July | 16.7074 | 16.4714 | 16.5572 |
| August | 16.6613 | 16.3517 | 16.4786 |
| September | 18.6783 | 16.5436 | 17.7025 |
| October | 19.3252 | 17.7160 | 18.6382 |
| November | 18.0389 | 16.9788 | 17.3449 |
| December | 17.2228 | 17.0103 | 17.1175 |