YEARLY HIGH
0.1593 TRY
YEARLY LOW
0.0715 TRY
YEARLY AVERAGE
0.0890 TRY

2021 RSD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the RSD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.1593. Conversely, the yearly low was recorded on February 17, dropping to 0.0715.

This high-to-low spread represents a total annual volatility of 0.0878 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0765 to the December average rate of 0.1294, the exchange rate registered a net change of 69.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1593 was up 85.05% compared to the 2020 peak of 0.0861, 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 797 TRY
2020 Average 342 TRY
Yearly Trough Low 358 TRY
Transaction Impact: A difference of 438.94 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1350
0.0674
JanuMarcMayJulySeptNove

RSD to TRY 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 0.0809, compared to 0.0971 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0161 points.

H1 Avg (Jan–Jun) 0.0809
H2 Avg (Jul–Dec) 0.0971

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0564 TRY (High: 0.1593 / Low: 0.1030). On the other end, January was the most stable month, with a tight range of 0.0022 TRY (High: 0.0774 / Low: 0.0752).

December Spread (Volatile) ±0.0564
January Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between February and June, 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 January and February, when the average rate fell by 0.0034 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.1294) against the same month in 2020 (average: 0.0797), the exchange rate shifted by +0.0496 (+62.27%).

2021 Avg (December) 0.1294
2020 Avg (December) 0.0797

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0774 0.0752 0.0765
February 0.0765 0.0715 0.0730
March 0.0831 0.0731 0.0779
April 0.0866 0.0811 0.0831
May 0.0889 0.0843 0.0866
June 0.0903 0.0866 0.0885
July 0.0880 0.0852 0.0865
August 0.0868 0.0836 0.0849
September 0.0887 0.0834 0.0859
October 0.0963 0.0872 0.0912
November 0.1308 0.0940 0.1047
December 0.1593 0.1030 0.1294