2021 NOK to RSD Historical Review

YEARLY HIGH

12.1585 RSD

YEARLY LOW

11.0819 RSD

YEARLY AVERAGE

11.5664 RSD

2021 NOK to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 12.1585. Conversely, the yearly low was recorded on July 20, dropping to 11.0819.

This high-to-low spread represents a total annual volatility of 1.0766 RSD. From a start-to-finish perspective, comparing the January average rate of 11.3573 to the December average rate of 11.5941, the exchange rate registered a net change of 2.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 12.1585 was up 1.71% compared to the 2020 peak of 11.9543, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 60,793 RSD

2020 Average 54,866 RSD

Yearly Trough Low 55,410 RSD

Transaction Impact: A difference of 5,382.95 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

12.0352

11.2129

JanuMarcMayJulySeptNove

NOK 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 11.5555, compared to 11.5774 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0219 points.

H1 Avg (Jan–Jun) 11.5555

H2 Avg (Jul–Dec) 11.5774

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.6541 RSD (High: 12.0616 / Low: 11.4075). On the other end, April was the most stable month, with a tight range of 0.2984 RSD (High: 11.9203 / Low: 11.6219).

November Spread (Volatile) ±0.6541

April Spread (Stable) ±0.2984

Growth Streaks & Declines

Trends

Between January and April, 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 June and July, when the average rate fell by 0.2422 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2422

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 11.9667) against the same month in 2020 (average: 10.7528), the exchange rate shifted by +1.2139 (+11.29%).

2021 Avg (October) 11.9667

2020 Avg (October) 10.7528

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.5832	11.1491	11.3573
February	11.5539	11.2099	11.4324
March	11.7639	11.3674	11.5882
April	11.9203	11.6219	11.7257
May	11.9001	11.4623	11.6578
June	11.7025	11.3583	11.5717
July	11.5592	11.0819	11.3295
August	11.4963	11.1180	11.2815
September	11.7036	11.4038	11.5241
October	12.1585	11.7577	11.9667
November	12.0616	11.4075	11.7683
December	11.8086	11.3217	11.5941

2021 NOK నుండి RSD చారిత్రక సమీక్ష