YEARLY HIGH
0.5425 GMD
YEARLY LOW
0.4988 GMD
YEARLY AVERAGE
0.5183 GMD

2021 RSD to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the RSD to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.5425. Conversely, the yearly low was recorded on November 24, dropping to 0.4988.

This high-to-low spread represents a total annual volatility of 0.0437 GMD. From a start-to-finish perspective, comparing the January average rate of 0.5338 to the December average rate of 0.5050, the exchange rate registered a net change of -5.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5425 was up 0.15% compared to the 2020 peak of 0.5417, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,713 GMD
2020 Average 2,500 GMD
Yearly Trough Low 2,494 GMD
Transaction Impact: A difference of 218.58 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5367
0.5021
JanuMarcMayJulySeptNove

RSD to GMD 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 0.5257, compared to 0.5108 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0149 points.

H1 Avg (Jan–Jun) 0.5257
H2 Avg (Jul–Dec) 0.5108

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0166 GMD (High: 0.5279 / Low: 0.5113). On the other end, July was the most stable month, with a tight range of 0.0071 GMD (High: 0.5189 / Low: 0.5117).

April Spread (Volatile) ±0.0166
July Spread (Stable) ±0.0071

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0095 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0095

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.5338) against the same month in 2020 (average: 0.4834), the exchange rate shifted by +0.0505 (+10.44%).

2021 Avg (January) 0.5338
2020 Avg (January) 0.4834

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5425 0.5287 0.5338
February 0.5330 0.5246 0.5287
March 0.5271 0.5113 0.5192
April 0.5279 0.5113 0.5196
May 0.5335 0.5227 0.5287
June 0.5316 0.5170 0.5241
July 0.5189 0.5117 0.5146
August 0.5178 0.5074 0.5121
September 0.5225 0.5068 0.5152
October 0.5157 0.5065 0.5116
November 0.5141 0.4988 0.5065
December 0.5102 0.5022 0.5050