2021 NGN to RSD Historical Review

YEARLY HIGH

0.2626 RSD

YEARLY LOW

0.2327 RSD

YEARLY AVERAGE

0.2467 RSD

2021 NGN to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NGN to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 0.2626. Conversely, the yearly low was recorded on May 25, dropping to 0.2327.

This high-to-low spread represents a total annual volatility of 0.0299 RSD. From a start-to-finish perspective, comparing the January average rate of 0.2496 to the December average rate of 0.2529, the exchange rate registered a net change of 1.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2626 was down 12.72% compared to the 2020 peak of 0.3009, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 262,610 RSD

2020 Average 271,502 RSD

Yearly Trough Low 232,665 RSD

Transaction Impact: A difference of 29,945.39 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2565

0.2355

JanuMarcMayJulySeptNove

NGN 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 0.2472, compared to 0.2462 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.2472

H2 Avg (Jul–Dec) 0.2462

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0246 RSD (High: 0.2573 / Low: 0.2327). On the other end, October was the most stable month, with a tight range of 0.0028 RSD (High: 0.2480 / Low: 0.2452).

May Spread (Volatile) ±0.0246

October Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

Between September and December, 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 0.0123 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0123

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.2548) against the same month in 2020 (average: 0.2870), the exchange rate shifted by -0.0322 (-11.22%).

2021 Avg (March) 0.2548

2020 Avg (March) 0.2870

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2560	0.2426	0.2496
February	0.2577	0.2352	0.2496
March	0.2626	0.2407	0.2548
April	0.2621	0.2387	0.2522
May	0.2573	0.2327	0.2398
June	0.2404	0.2336	0.2372
July	0.2428	0.2398	0.2417
August	0.2446	0.2401	0.2427
September	0.2471	0.2406	0.2425
October	0.2480	0.2452	0.2465
November	0.2556	0.2462	0.2509
December	0.2551	0.2508	0.2529

2021 NGN నుండి RSD చారిత్రక సమీక్ష