YEARLY HIGH
0.1411 RSD
YEARLY LOW
0.1195 RSD
YEARLY AVERAGE
0.1311 RSD

2021 CLP to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CLP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 20, valuing the pair at 0.1411. Conversely, the yearly low was recorded on December 20, dropping to 0.1195.

This high-to-low spread represents a total annual volatility of 0.0216 RSD. From a start-to-finish perspective, comparing the January average rate of 0.1338 to the December average rate of 0.1224, the exchange rate registered a net change of -8.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1411 was down 0.33% compared to the 2020 peak of 0.1415, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 CLP based on timing:

Yearly Peak High 141,053 RSD
2020 Average 130,297 RSD
Yearly Trough Low 119,495 RSD
Transaction Impact: A difference of 21,558.71 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1405
0.1208
JanuMarcMayJulySeptNove

CLP 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 0.1356, compared to 0.1267 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0088 points.

H1 Avg (Jan–Jun) 0.1356
H2 Avg (Jul–Dec) 0.1267

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0097 RSD (High: 0.1405 / Low: 0.1308). On the other end, October was the most stable month, with a tight range of 0.0038 RSD (High: 0.1264 / Low: 0.1225).

May Spread (Volatile) ±0.0097
October Spread (Stable) ±0.0038

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 July and August, when the average rate fell by 0.0042 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.1389) against the same month in 2020 (average: 0.1268), the exchange rate shifted by +0.0121 (+9.51%).

2021 Avg (April) 0.1389
2020 Avg (April) 0.1268

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1374 0.1311 0.1338
February 0.1379 0.1322 0.1347
March 0.1390 0.1333 0.1361
April 0.1411 0.1362 0.1389
May 0.1405 0.1308 0.1360
June 0.1354 0.1316 0.1338
July 0.1347 0.1299 0.1321
August 0.1306 0.1261 0.1279
September 0.1292 0.1246 0.1271
October 0.1264 0.1225 0.1243
November 0.1296 0.1234 0.1265
December 0.1243 0.1195 0.1224