2021 MAD to RSD Historical Review

YEARLY HIGH

11.3361 RSD

YEARLY LOW

10.7818 RSD

YEARLY AVERAGE

11.0596 RSD

2021 MAD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MAD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 11.3361. Conversely, the yearly low was recorded on January 3, dropping to 10.7818.

This high-to-low spread represents a total annual volatility of 0.5544 RSD. From a start-to-finish perspective, comparing the January average rate of 10.8678 to the December average rate of 11.2382, the exchange rate registered a net change of 3.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 11.3361 was up 1.11% compared to the 2020 peak of 11.2113, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 56,681 RSD

2020 Average 54,315 RSD

Yearly Trough Low 53,909 RSD

Transaction Impact: A difference of 2,771.79 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

11.2962

10.8288

JanuMarcMayJulySeptNove

MAD 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 10.9414, compared to 11.1777 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2363 points.

H1 Avg (Jan–Jun) 10.9414

H2 Avg (Jul–Dec) 11.1777

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.2127 RSD (High: 11.0879 / Low: 10.8752). On the other end, October was the most stable month, with a tight range of 0.0699 RSD (High: 11.2220 / Low: 11.1520).

April Spread (Volatile) ±0.2127

October Spread (Stable) ±0.0699

Growth Streaks & Declines

Trends

Between January and April, 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 0.0552 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0552

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 11.2572) against the same month in 2020 (average: 10.8684), the exchange rate shifted by +0.3889 (+3.58%).

2021 Avg (November) 11.2572

2020 Avg (November) 10.8684

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.9668	10.7818	10.8678
February	10.9227	10.8255	10.8732
March	11.0536	10.8907	10.9704
April	11.0879	10.8752	10.9930
May	11.0426	10.8535	10.9378
June	11.1072	10.8971	11.0065
July	11.1460	11.0403	11.1157
August	11.1816	11.0851	11.1361
September	11.2100	11.1018	11.1311
October	11.2220	11.1520	11.1881
November	11.3361	11.1698	11.2572
December	11.3167	11.1406	11.2382

2021 இந்திய ரூபாய் முதல் பவுண்ட் வரையிலான வரலாற்று ஆய்வு