YEARLY HIGH
0.1933 RSD
YEARLY LOW
0.0411 RSD
YEARLY AVERAGE
0.0995 RSD

2021 SYP to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SYP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.1933. Conversely, the yearly low was recorded on November 30, dropping to 0.0411.

This high-to-low spread represents a total annual volatility of 0.1522 RSD. From a start-to-finish perspective, comparing the January average rate of 0.1887 to the December average rate of 0.0414, the exchange rate registered a net change of -78.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1933 was down 9.72% compared to the 2020 peak of 0.2141, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 967 RSD
2020 Average 1,005 RSD
Yearly Trough Low 206 RSD
Transaction Impact: A difference of 761.07 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2045
0.0266
JanuMarcMayJulySeptNove

SYP 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 0.1282, compared to 0.0709 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0573 points.

H1 Avg (Jan–Jun) 0.1282
H2 Avg (Jul–Dec) 0.0709

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.1143 RSD (High: 0.1933 / Low: 0.0790). On the other end, December was the most stable month, with a tight range of 0.0005 RSD (High: 0.0417 / Low: 0.0411).

March Spread (Volatile) ±0.1143
December Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between May and August, 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 March and April, when the average rate fell by 0.0796 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0796

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.1578) against the same month in 2020 (average: 0.2066), the exchange rate shifted by -0.0487 (-23.60%).

2021 Avg (March) 0.1578
2020 Avg (March) 0.2066

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1899 0.1858 0.1887
February 0.1914 0.1883 0.1897
March 0.1933 0.0790 0.1578
April 0.0797 0.0771 0.0783
May 0.0778 0.0763 0.0770
June 0.0786 0.0765 0.0776
July 0.0795 0.0784 0.0790
August 0.0801 0.0786 0.0794
September 0.0808 0.0788 0.0794
October 0.0809 0.0802 0.0806
November 0.0826 0.0411 0.0655
December 0.0417 0.0411 0.0414