YEARLY HIGH
52.0550 RSD
YEARLY LOW
47.3095 RSD
YEARLY AVERAGE
49.3345 RSD

2021 BZD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BZD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 52.0550. Conversely, the yearly low was recorded on January 6, dropping to 47.3095.

This high-to-low spread represents a total annual volatility of 4.7454 RSD. From a start-to-finish perspective, comparing the January average rate of 47.9924 to the December average rate of 51.5942, the exchange rate registered a net change of 7.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 52.0550 was down 5.12% compared to the 2020 peak of 54.8623, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 260,275 RSD
2020 Average 255,983 RSD
Yearly Trough Low 236,548 RSD
Transaction Impact: A difference of 23,727.24 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

51.9544
47.6322
JanuMarcMayJulySeptNove

BZD 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 48.4292, compared to 50.2398 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8106 points.

H1 Avg (Jan–Jun) 48.4292
H2 Avg (Jul–Dec) 50.2398

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 1.7257 RSD (High: 52.0550 / Low: 50.3293). On the other end, October was the most stable month, with a tight range of 0.5427 RSD (High: 50.5687 / Low: 50.0260).

November Spread (Volatile) ±1.7257
October Spread (Stable) ±0.5427

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 0.8024 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.8024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 51.1805) against the same month in 2020 (average: 49.2518), the exchange rate shifted by +1.9287 (+3.92%).

2021 Avg (November) 51.1805
2020 Avg (November) 49.2518

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 48.3409 47.3095 47.9924
February 48.6997 47.9422 48.2427
March 49.7251 48.3610 49.0350
April 49.7007 48.1271 48.8506
May 48.5829 47.6365 48.0481
June 49.0370 47.7328 48.4064
July 49.5741 48.8738 49.3211
August 49.9384 49.0120 49.5557
September 50.4129 49.1331 49.5209
October 50.5687 50.0260 50.2667
November 52.0550 50.3293 51.1805
December 51.9143 51.2785 51.5942