YEARLY HIGH
8.1715 RSD
YEARLY LOW
4.4349 RSD
YEARLY AVERAGE
6.3904 RSD

2021 SCR to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SCR to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 8.1715. Conversely, the yearly low was recorded on January 10, dropping to 4.4349.

This high-to-low spread represents a total annual volatility of 3.7366 RSD. From a start-to-finish perspective, comparing the January average rate of 4.5590 to the December average rate of 7.7342, the exchange rate registered a net change of 69.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 8.1715 was down 2.47% compared to the 2020 peak of 8.3788, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 40,857 RSD
2020 Average 30,811 RSD
Yearly Trough Low 22,175 RSD
Transaction Impact: A difference of 18,682.77 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

8.0517
4.2415
JanuMarcMayJulySeptNove

SCR 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 5.3875, compared to 7.3932 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0058 points.

H1 Avg (Jan–Jun) 5.3875
H2 Avg (Jul–Dec) 7.3932

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 2.2360 RSD (High: 7.0374 / Low: 4.8014). On the other end, February was the most stable month, with a tight range of 0.1448 RSD (High: 4.6567 / Low: 4.5119).

April Spread (Volatile) ±2.2360
February Spread (Stable) ±0.1448

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.2632 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.2632

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 7.6471) against the same month in 2020 (average: 4.8763), the exchange rate shifted by +2.7708 (+56.82%).

2021 Avg (November) 7.6471
2020 Avg (November) 4.8763

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.5958 4.4349 4.5590
February 4.6567 4.5119 4.5939
March 4.8841 4.5976 4.6684
April 7.0374 4.8014 6.0737
May 6.6068 5.8256 6.1548
June 6.7012 5.8320 6.2751
July 7.3579 6.0582 6.7339
August 7.8182 6.5315 7.2912
September 7.8016 7.1250 7.6081
October 7.9059 6.7858 7.3448
November 8.1715 6.9886 7.6471
December 8.1280 6.9565 7.7342