YEARLY HIGH
16.4245 RSD
YEARLY LOW
14.7329 RSD
YEARLY AVERAGE
15.4141 RSD

2021 CNY to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CNY to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 16.4245. Conversely, the yearly low was recorded on January 3, dropping to 14.7329.

This high-to-low spread represents a total annual volatility of 1.6916 RSD. From a start-to-finish perspective, comparing the January average rate of 14.9482 to the December average rate of 16.3286, the exchange rate registered a net change of 9.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 16.4245 was up 5.49% compared to the 2020 peak of 15.5695, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 410,612 RSD
2020 Average 373,585 RSD
Yearly Trough Low 368,322 RSD
Transaction Impact: A difference of 42,289.41 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

16.4666
14.8101
JanuMarcMayJulySeptNove

CNY 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 15.0836, compared to 15.7446 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6609 points.

H1 Avg (Jan–Jun) 15.0836
H2 Avg (Jul–Dec) 15.7446

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.5862 RSD (High: 16.4245 / Low: 15.8383). On the other end, December was the most stable month, with a tight range of 0.1582 RSD (High: 16.4144 / Low: 16.2562).

November Spread (Volatile) ±0.5862
December Spread (Stable) ±0.1582

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0815 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0815

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 16.1397) against the same month in 2020 (average: 15.0332), the exchange rate shifted by +1.1065 (+7.36%).

2021 Avg (November) 16.1397
2020 Avg (November) 15.0332

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.0718 14.7329 14.9482
February 15.1805 14.9311 15.0435
March 15.2877 15.0729 15.1718
April 15.2608 14.9601 15.0903
May 15.1867 14.9583 15.0624
June 15.2945 15.0639 15.1856
July 15.4386 15.2352 15.3454
August 15.4952 15.2845 15.4183
September 15.7635 15.3169 15.4586
October 15.8636 15.6943 15.7770
November 16.4245 15.8383 16.1397
December 16.4144 16.2562 16.3286