YEARLY HIGH
6.6762 RSD
YEARLY LOW
6.0700 RSD
YEARLY AVERAGE
6.3349 RSD

2021 EGP to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the EGP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 6.6762. Conversely, the yearly low was recorded on January 6, dropping to 6.0700.

This high-to-low spread represents a total annual volatility of 0.6062 RSD. From a start-to-finish perspective, comparing the January average rate of 6.1592 to the December average rate of 6.6179, the exchange rate registered a net change of 7.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 6.6762 was down 4.82% compared to the 2020 peak of 7.0141, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 33,381 RSD
2020 Average 32,621 RSD
Yearly Trough Low 30,350 RSD
Transaction Impact: A difference of 3,030.92 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

6.6638
6.1133
JanuMarcMayJulySeptNove

EGP 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 6.2236, compared to 6.4462 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2225 points.

H1 Avg (Jan–Jun) 6.2236
H2 Avg (Jul–Dec) 6.4462

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.2237 RSD (High: 6.4083 / Low: 6.1846). On the other end, December was the most stable month, with a tight range of 0.0672 RSD (High: 6.6481 / Low: 6.5810).

April Spread (Volatile) ±0.2237
December Spread (Stable) ±0.0672

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 0.0920 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0920

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 6.5600) against the same month in 2020 (average: 6.3416), the exchange rate shifted by +0.2184 (+3.44%).

2021 Avg (November) 6.5600
2020 Avg (November) 6.3416

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.2162 6.0700 6.1592
February 6.2593 6.1529 6.2082
March 6.3764 6.2055 6.2918
April 6.4083 6.1846 6.2730
May 6.2515 6.1238 6.1810
June 6.3121 6.1375 6.2286
July 6.3751 6.2796 6.3354
August 6.4144 6.2875 6.3618
September 6.4641 6.3026 6.3544
October 6.4828 6.4146 6.4474
November 6.6762 6.4526 6.5600
December 6.6481 6.5810 6.6179