YEARLY HIGH
13.5603 RSD
YEARLY LOW
12.2337 RSD
YEARLY AVERAGE
12.8509 RSD

2021 GTQ to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GTQ to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 13.5603. Conversely, the yearly low was recorded on January 6, dropping to 12.2337.

This high-to-low spread represents a total annual volatility of 1.3265 RSD. From a start-to-finish perspective, comparing the January average rate of 12.4203 to the December average rate of 13.4571, the exchange rate registered a net change of 8.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 13.5603 was down 6.11% compared to the 2020 peak of 14.4432, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 67,801 RSD
2020 Average 66,800 RSD
Yearly Trough Low 61,169 RSD
Transaction Impact: A difference of 6,632.72 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

13.5608
12.3167
JanuMarcMayJulySeptNove

GTQ 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 12.6180, compared to 13.0838 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4657 points.

H1 Avg (Jan–Jun) 12.6180
H2 Avg (Jul–Dec) 13.0838

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.4606 RSD (High: 13.5603 / Low: 13.0997). On the other end, October was the most stable month, with a tight range of 0.1377 RSD (High: 13.1698 / Low: 13.0321).

November Spread (Volatile) ±0.4606
October Spread (Stable) ±0.1377

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 April and May, when the average rate fell by 0.2091 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.2091

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 13.3280) against the same month in 2020 (average: 12.7411), the exchange rate shifted by +0.5869 (+4.61%).

2021 Avg (November) 13.3280
2020 Avg (November) 12.7411

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.5247 12.2337 12.4203
February 12.6176 12.4787 12.5578
March 12.9914 12.6558 12.8027
April 12.9896 12.5701 12.7601
May 12.6854 12.4377 12.5510
June 12.7787 12.4508 12.6163
July 12.8938 12.7165 12.8285
August 12.9971 12.7473 12.8968
September 13.1306 12.7932 12.8998
October 13.1698 13.0321 13.0925
November 13.5603 13.0997 13.3280
December 13.5328 13.3935 13.4571