YEARLY HIGH
15.7684 RSD
YEARLY LOW
15.3949 RSD
YEARLY AVERAGE
15.6171 RSD

2021 HRK to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HRK to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 13, valuing the pair at 15.7684. Conversely, the yearly low was recorded on March 4, dropping to 15.3949.

This high-to-low spread represents a total annual volatility of 0.3735 RSD. From a start-to-finish perspective, comparing the January average rate of 15.5743 to the December average rate of 15.6327, the exchange rate registered a net change of 0.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 15.7684 was down 0.42% compared to the 2020 peak of 15.8353, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 78,842 RSD
2020 Average 77,996 RSD
Yearly Trough Low 76,974 RSD
Transaction Impact: A difference of 1,867.72 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

15.6998
15.4917
JanuMarcMayJulySeptNove

HRK 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 15.5778, compared to 15.6564 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0786 points.

H1 Avg (Jan–Jun) 15.5778
H2 Avg (Jul–Dec) 15.6564

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.2678 RSD (High: 15.7674 / Low: 15.4996). On the other end, December was the most stable month, with a tight range of 0.0955 RSD (High: 15.6729 / Low: 15.5774).

May Spread (Volatile) ±0.2678
December Spread (Stable) ±0.0955

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0438 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0438

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2021: 15.6774) against the same month in 2020 (average: 15.5900), the exchange rate shifted by +0.0875 (+0.56%).

2021 Avg (September) 15.6774
2020 Avg (September) 15.5900

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.6671 15.5081 15.5743
February 15.6395 15.4283 15.5305
March 15.6279 15.3949 15.5090
April 15.6421 15.4996 15.5550
May 15.7674 15.4996 15.6353
June 15.7285 15.5215 15.6629
July 15.7266 15.5879 15.6652
August 15.7451 15.5914 15.6824
September 15.7684 15.5862 15.6774
October 15.7499 15.5504 15.6409
November 15.6795 15.5477 15.6399
December 15.6729 15.5774 15.6327