2021 SAR to RSD Historical Review

YEARLY HIGH

27.9775 RSD

YEARLY LOW

25.4010 RSD

YEARLY AVERAGE

26.5107 RSD

2021 SAR to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SAR to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 27.9775. Conversely, the yearly low was recorded on January 6, dropping to 25.4010.

This high-to-low spread represents a total annual volatility of 2.5766 RSD. From a start-to-finish perspective, comparing the January average rate of 25.8008 to the December average rate of 27.7164, the exchange rate registered a net change of 7.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 27.9775 was down 4.59% compared to the 2020 peak of 29.3224, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SAR based on timing:

Yearly Peak High 139,888 RSD

2020 Average 137,430 RSD

Yearly Trough Low 127,005 RSD

Transaction Impact: A difference of 12,882.80 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

27.9080

25.6092

JanuMarcMayJulySeptNove

SAR to RSD 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 26.0273, compared to 26.9941 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9668 points.

H1 Avg (Jan–Jun) 26.0273

H2 Avg (Jul–Dec) 26.9941

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.9563 RSD (High: 27.9775 / Low: 27.0212). On the other end, October was the most stable month, with a tight range of 0.2575 RSD (High: 27.1392 / Low: 26.8817).

November Spread (Volatile) ±0.9563

October Spread (Stable) ±0.2575

Growth Streaks & Declines

Trends

Between May and August, 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 April and May, when the average rate fell by 0.4257 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.4257

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 27.4925) against the same month in 2020 (average: 26.4658), the exchange rate shifted by +1.0267 (+3.88%).

2021 Avg (November) 27.4925

2020 Avg (November) 26.4658

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	25.9674	25.4010	25.8008
February	26.1727	25.7596	25.9295
March	26.7243	25.9873	26.3419
April	26.7175	25.8593	26.2482
May	26.1053	25.5931	25.8225
June	26.3536	25.6577	26.0209
July	26.6379	26.2780	26.4962
August	26.8517	26.3392	26.6341
September	27.0926	26.4066	26.6151
October	27.1392	26.8817	27.0103
November	27.9775	27.0212	27.4925
December	27.8848	27.5387	27.7164