YEARLY HIGH
13.9803 RSD
YEARLY LOW
6.2768 RSD
YEARLY AVERAGE
11.4956 RSD

2021 TRY to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 17, valuing the pair at 13.9803. Conversely, the yearly low was recorded on December 19, dropping to 6.2768.

This high-to-low spread represents a total annual volatility of 7.7035 RSD. From a start-to-finish perspective, comparing the January average rate of 13.0788 to the December average rate of 7.8283, the exchange rate registered a net change of -40.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 13.9803 was down 22.41% compared to the 2020 peak of 18.0180, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 699,013 RSD
2020 Average 743,349 RSD
Yearly Trough Low 313,838 RSD
Transaction Impact: A difference of 385,175.84 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

14.2818
7.2417
JanuMarcMayJulySeptNove

TRY 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 12.4179, compared to 10.5732 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.8447 points.

H1 Avg (Jan–Jun) 12.4179
H2 Avg (Jul–Dec) 10.5732

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 3.4360 RSD (High: 9.7128 / Low: 6.2768). On the other end, July was the most stable month, with a tight range of 0.3754 RSD (High: 11.7371 / Low: 11.3617).

December Spread (Volatile) ±3.4360
July Spread (Stable) ±0.3754

Growth Streaks & Declines

Trends

Between June and August, 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 November and December, when the average rate fell by 1.8132 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.8132

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 13.6951) against the same month in 2020 (average: 17.7570), the exchange rate shifted by -4.0619 (-22.87%).

2021 Avg (February) 13.6951
2020 Avg (February) 17.7570

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.2991 12.9191 13.0788
February 13.9803 13.0722 13.6951
March 13.6820 12.0325 12.8575
April 12.3315 11.5421 12.0327
May 11.8595 11.2522 11.5450
June 11.5472 11.0731 11.2985
July 11.7371 11.3617 11.5635
August 11.9678 11.5163 11.7809
September 11.9893 11.2790 11.6508
October 11.4642 10.3876 10.9742
November 10.6427 7.6476 9.6415
December 9.7128 6.2768 7.8283