YEARLY HIGH
441.8385 IRR
YEARLY LOW
402.5727 IRR
YEARLY AVERAGE
424.1773 IRR

2021 RSD to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the RSD to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 441.8385. Conversely, the yearly low was recorded on November 24, dropping to 402.5727.

This high-to-low spread represents a total annual volatility of 39.2658 IRR. From a start-to-finish perspective, comparing the January average rate of 435.0898 to the December average rate of 406.3117, the exchange rate registered a net change of -6.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 441.8385 was down 30.40% compared to the 2020 peak of 634.7879, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,209,193 IRR
2020 Average 2,047,382 IRR
Yearly Trough Low 2,012,863 IRR
Transaction Impact: A difference of 196,329.24 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

437.9676
403.4339
JanuMarcMayJulySeptNove

RSD to IRR 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 431.3885, compared to 416.9662 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 14.4223 points.

H1 Avg (Jan–Jun) 431.3885
H2 Avg (Jul–Dec) 416.9662

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 14.1397 IRR (High: 416.7123 / Low: 402.5727). On the other end, October was the most stable month, with a tight range of 4.0296 IRR (High: 418.6388 / Low: 414.6092).

November Spread (Volatile) ±14.1397
October Spread (Stable) ±4.0296

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 7.5720 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -7.5720

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 435.0898) against the same month in 2020 (average: 397.6695), the exchange rate shifted by +37.4203 (+9.41%).

2021 Avg (January) 435.0898
2020 Avg (January) 397.6695

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 441.8385 432.2895 435.0898
February 435.7680 428.8978 432.9446
March 431.8891 420.1047 426.1940
April 434.1290 420.2389 427.7394
May 438.7112 430.0599 434.8031
June 437.5619 426.0285 431.5600
July 427.2115 421.8998 423.9880
August 426.7344 418.5897 422.2089
September 426.5503 415.4727 422.7959
October 418.6388 414.6092 416.7215
November 416.7123 402.5727 409.7710
December 408.9076 403.7332 406.3117