2021 RSD to NOK Historical Review

YEARLY HIGH

0.0902 NOK

YEARLY LOW

0.0822 NOK

YEARLY AVERAGE

0.0865 NOK

2021 RSD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the RSD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 0.0902. Conversely, the yearly low was recorded on October 28, dropping to 0.0822.

This high-to-low spread represents a total annual volatility of 0.0080 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0881 to the December average rate of 0.0863, the exchange rate registered a net change of -2.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0902 was down 15.99% compared to the 2020 peak of 0.1074, 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 451 NOK

2020 Average 456 NOK

Yearly Trough Low 411 NOK

Transaction Impact: A difference of 39.95 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0892

0.0831

JanuMarcMayJulySeptNove

RSD to NOK 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 0.0866, compared to 0.0864 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0866

H2 Avg (Jul–Dec) 0.0864

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0048 NOK (High: 0.0877 / Low: 0.0829). On the other end, April was the most stable month, with a tight range of 0.0022 NOK (High: 0.0860 / Low: 0.0839).

November Spread (Volatile) ±0.0048

April Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0032 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 0.0883) against the same month in 2020 (average: 0.0906), the exchange rate shifted by -0.0023 (-2.55%).

2021 Avg (July) 0.0883

2020 Avg (July) 0.0906

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0897	0.0863	0.0881
February	0.0892	0.0866	0.0875
March	0.0880	0.0850	0.0863
April	0.0860	0.0839	0.0853
May	0.0872	0.0840	0.0858
June	0.0880	0.0855	0.0864
July	0.0902	0.0865	0.0883
August	0.0899	0.0870	0.0886
September	0.0877	0.0854	0.0868
October	0.0851	0.0822	0.0836
November	0.0877	0.0829	0.0850
December	0.0883	0.0847	0.0863