YEARLY HIGH
0.0238 TOP
YEARLY LOW
0.0216 TOP
YEARLY AVERAGE
0.0228 TOP

2021 RSD to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the RSD to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.0238. Conversely, the yearly low was recorded on November 22, dropping to 0.0216.

This high-to-low spread represents a total annual volatility of 0.0022 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0236 to the December average rate of 0.0220, the exchange rate registered a net change of -6.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0238 was down 0.17% compared to the 2020 peak of 0.0238, 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 119 TOP
2020 Average 112 TOP
Yearly Trough Low 108 TOP
Transaction Impact: A difference of 10.86 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0238
0.0217
JanuMarcMayJulySeptNove

RSD to TOP 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 0.0233, compared to 0.0223 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0233
H2 Avg (Jul–Dec) 0.0223

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0007 TOP (High: 0.0236 / Low: 0.0228). On the other end, December was the most stable month, with a tight range of 0.0002 TOP (High: 0.0221 / Low: 0.0219).

March Spread (Volatile) ±0.0007
December Spread (Stable) ±0.0002

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 February and March, when the average rate fell by 0.0005 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0236) against the same month in 2020 (average: 0.0217), the exchange rate shifted by +0.0019 (+8.66%).

2021 Avg (January) 0.0236
2020 Avg (January) 0.0217

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0238 0.0234 0.0236
February 0.0238 0.0234 0.0236
March 0.0236 0.0228 0.0231
April 0.0233 0.0229 0.0231
May 0.0234 0.0231 0.0233
June 0.0231 0.0227 0.0229
July 0.0229 0.0226 0.0227
August 0.0229 0.0225 0.0227
September 0.0227 0.0224 0.0226
October 0.0224 0.0221 0.0222
November 0.0221 0.0216 0.0219
December 0.0221 0.0219 0.0220