YEARLY HIGH
24.3241 SYP
YEARLY LOW
5.1726 SYP
YEARLY AVERAGE
12.3335 SYP

2021 RSD to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the RSD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 24.3241. Conversely, the yearly low was recorded on March 8, dropping to 5.1726.

This high-to-low spread represents a total annual volatility of 19.1515 SYP. From a start-to-finish perspective, comparing the January average rate of 5.2991 to the December average rate of 24.1552, the exchange rate registered a net change of 355.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 24.3241 was up 353.31% compared to the 2020 peak of 5.3659, 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 121,620 SYP
2020 Average 24,915 SYP
Yearly Trough Low 25,863 SYP
Transaction Impact: A difference of 95,757.36 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

26.0434
3.3844
JanuMarcMayJulySeptNove

RSD to SYP 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 9.4306, compared to 15.2365 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.8059 points.

H1 Avg (Jan–Jun) 9.4306
H2 Avg (Jul–Dec) 15.2365

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 12.2243 SYP (High: 24.3241 / Low: 12.0998). On the other end, February was the most stable month, with a tight range of 0.0862 SYP (High: 5.3097 / Low: 5.2235).

November Spread (Volatile) ±12.2243
February Spread (Stable) ±0.0862

Growth Streaks & Declines

Trends

Between February and May, 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 June and July, when the average rate fell by 0.2360 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2360

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 17.0092) against the same month in 2020 (average: 5.1667), the exchange rate shifted by +11.8425 (+229.21%).

2021 Avg (November) 17.0092
2020 Avg (November) 5.1667

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5.3813 5.2646 5.2991
February 5.3097 5.2235 5.2727
March 12.6556 5.1726 7.3582
April 12.9668 12.5521 12.7760
May 13.1064 12.8454 12.9868
June 13.0689 12.7273 12.8905
July 12.7624 12.5864 12.6545
August 12.7282 12.4904 12.5907
September 12.6983 12.3747 12.5985
October 12.4681 12.3554 12.4108
November 24.3241 12.0998 17.0092
December 24.3023 24.0090 24.1552