YEARLY HIGH
72.9401 RSD
YEARLY LOW
68.1616 RSD
YEARLY AVERAGE
70.3096 RSD

2021 NZD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NZD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 19, valuing the pair at 72.9401. Conversely, the yearly low was recorded on January 2, dropping to 68.1616.

This high-to-low spread represents a total annual volatility of 4.7784 RSD. From a start-to-finish perspective, comparing the January average rate of 69.5406 to the December average rate of 70.5780, the exchange rate registered a net change of 1.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 72.9401 was up 3.33% compared to the 2020 peak of 70.5921, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 364,700 RSD
2020 Average 334,952 RSD
Yearly Trough Low 340,808 RSD
Transaction Impact: A difference of 23,892.23 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

72.5569
68.9608
JanuMarcMayJulySeptNove

NZD 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 69.9671, compared to 70.6520 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6848 points.

H1 Avg (Jan–Jun) 69.9671
H2 Avg (Jul–Dec) 70.6520

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 2.5699 RSD (High: 72.8877 / Low: 70.3179). On the other end, December was the most stable month, with a tight range of 0.9379 RSD (High: 70.9199 / Low: 69.9820).

October Spread (Volatile) ±2.5699
December Spread (Stable) ±0.9379

Growth Streaks & Declines

Trends

Between June and November, 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 November and December, when the average rate fell by 1.6793 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.6793

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 72.2572) against the same month in 2020 (average: 68.2030), the exchange rate shifted by +4.0542 (+5.94%).

2021 Avg (November) 72.2572
2020 Avg (November) 68.2030

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 70.5015 68.1616 69.5406
February 71.9162 69.4581 70.4658
March 71.6748 69.1593 70.4617
April 70.8407 69.3803 70.1017
May 71.1083 68.9989 69.9727
June 69.9541 68.3227 69.2605
July 70.0763 68.6250 69.4535
August 70.6882 68.5480 69.6811
September 71.0300 69.3179 70.4586
October 72.8877 70.3179 71.4836
November 72.9401 70.4860 72.2572
December 70.9199 69.9820 70.5780