YEARLY HIGH
7.0810 RSD
YEARLY LOW
4.5844 RSD
YEARLY AVERAGE
5.6769 RSD

2021 SRD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SRD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 7.0810. Conversely, the yearly low was recorded on June 16, dropping to 4.5844.

This high-to-low spread represents a total annual volatility of 2.4966 RSD. From a start-to-finish perspective, comparing the January average rate of 6.8380 to the December average rate of 4.9114, the exchange rate registered a net change of -28.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 7.0810 was down 52.11% compared to the 2020 peak of 14.7868, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 35,405 RSD
2020 Average 60,507 RSD
Yearly Trough Low 22,922 RSD
Transaction Impact: A difference of 12,483.21 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

7.2117
4.4386
JanuMarcMayJulySeptNove

SRD 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 6.6085, compared to 4.7453 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.8631 points.

H1 Avg (Jan–Jun) 6.6085
H2 Avg (Jul–Dec) 4.7453

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 2.2675 RSD (High: 6.8519 / Low: 4.5844). On the other end, October was the most stable month, with a tight range of 0.0623 RSD (High: 4.7549 / Low: 4.6925).

June Spread (Volatile) ±2.2675
October Spread (Stable) ±0.0623

Growth Streaks & Declines

Trends

Between August and December, 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 May and June, when the average rate fell by 1.6785 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.6785

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 6.9806) against the same month in 2020 (average: 14.2592), the exchange rate shifted by -7.2786 (-51.04%).

2021 Avg (March) 6.9806
2020 Avg (March) 14.2592

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.8814 6.7327 6.8380
February 6.9357 6.8265 6.8712
March 7.0810 6.8878 6.9806
April 7.0788 6.8523 6.9553
May 6.9171 6.7807 6.8421
June 6.8519 4.5844 5.1636
July 4.7556 4.6251 4.6977
August 4.7067 4.6150 4.6697
September 4.7489 4.6286 4.6701
October 4.7549 4.6925 4.7281
November 4.8797 4.6927 4.7950
December 5.3481 4.8151 4.9114