YEARLY HIGH
76.8030 RSD
YEARLY LOW
72.1812 RSD
YEARLY AVERAGE
73.9929 RSD

2021 SGD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SGD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 76.8030. Conversely, the yearly low was recorded on May 19, dropping to 72.1812.

This high-to-low spread represents a total annual volatility of 4.6218 RSD. From a start-to-finish perspective, comparing the January average rate of 72.9815 to the December average rate of 76.2897, the exchange rate registered a net change of 4.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 76.8030 was down 2.62% compared to the 2020 peak of 78.8678, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 384,015 RSD
2020 Average 373,794 RSD
Yearly Trough Low 360,906 RSD
Transaction Impact: A difference of 23,109.02 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

76.6331
72.5118
JanuMarcMayJulySeptNove

SGD 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 73.2560, compared to 74.7298 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4738 points.

H1 Avg (Jan–Jun) 73.2560
H2 Avg (Jul–Dec) 74.7298

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 1.5694 RSD (High: 73.7507 / Low: 72.1812). On the other end, July was the most stable month, with a tight range of 0.7069 RSD (High: 73.7338 / Low: 73.0269).

May Spread (Volatile) ±1.5694
July Spread (Stable) ±0.7069

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.8757 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.8757

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 76.2897) against the same month in 2020 (average: 72.5213), the exchange rate shifted by +3.7683 (+5.20%).

2021 Avg (December) 76.2897
2020 Avg (December) 72.5213

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 73.6350 72.3302 72.9815
February 73.6249 72.7148 73.2442
March 74.4758 72.9700 73.5792
April 74.6310 73.1216 73.7310
May 73.7507 72.1812 72.8552
June 73.5503 72.6171 73.1448
July 73.7338 73.0269 73.3589
August 74.3114 72.9219 73.7256
September 74.8142 73.5872 74.0685
October 75.3677 74.5509 74.9732
November 76.6954 75.1575 75.9630
December 76.8030 75.7651 76.2897