2021 SBD to RSD Historical Review

YEARLY HIGH

13.0242 RSD

YEARLY LOW

11.8625 RSD

YEARLY AVERAGE

12.3943 RSD

2021 SBD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SBD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 13.0242. Conversely, the yearly low was recorded on January 6, dropping to 11.8625.

This high-to-low spread represents a total annual volatility of 1.1617 RSD. From a start-to-finish perspective, comparing the January average rate of 12.0915 to the December average rate of 12.8593, the exchange rate registered a net change of 6.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 13.0242 was down 2.44% compared to the 2020 peak of 13.3497, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 65,121 RSD

2020 Average 62,638 RSD

Yearly Trough Low 59,313 RSD

Transaction Impact: A difference of 5,808.28 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

12.9361

12.0148

JanuMarcMayJulySeptNove

SBD 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 12.2188, compared to 12.5698 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3510 points.

H1 Avg (Jan–Jun) 12.2188

H2 Avg (Jul–Dec) 12.5698

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.6022 RSD (High: 12.5580 / Low: 11.9558). On the other end, October was the most stable month, with a tight range of 0.1065 RSD (High: 12.6358 / Low: 12.5293).

March Spread (Volatile) ±0.6022

October Spread (Stable) ±0.1065

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 0.1788 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1788

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 12.8236) against the same month in 2020 (average: 12.2982), the exchange rate shifted by +0.5254 (+4.27%).

2021 Avg (November) 12.8236

2020 Avg (November) 12.2982

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.2220	11.8625	12.0915
February	12.2678	12.0838	12.1505
March	12.5580	11.9558	12.3876
April	12.5292	12.1755	12.3298
May	12.3017	12.0495	12.1510
June	12.3588	12.0619	12.2026
July	12.4276	12.2753	12.3613
August	12.5074	12.2640	12.4033
September	12.6058	12.2849	12.3879
October	12.6358	12.5293	12.5836
November	13.0242	12.6328	12.8236
December	12.9292	12.7732	12.8593