YEARLY HIGH
3.9347 RSD
YEARLY LOW
3.3734 RSD
YEARLY AVERAGE
3.6478 RSD

2021 UAH to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the UAH to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 11, valuing the pair at 3.9347. Conversely, the yearly low was recorded on January 6, dropping to 3.3734.

This high-to-low spread represents a total annual volatility of 0.5613 RSD. From a start-to-finish perspective, comparing the January average rate of 3.4301 to the December average rate of 3.8217, the exchange rate registered a net change of 11.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 3.9347 was down 11.63% compared to the 2020 peak of 4.4527, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 19,674 RSD
2020 Average 19,196 RSD
Yearly Trough Low 16,867 RSD
Transaction Impact: A difference of 2,806.74 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.9389
3.3838
JanuMarcMayJulySeptNove

UAH 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 3.5158, compared to 3.7798 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2639 points.

H1 Avg (Jan–Jun) 3.5158
H2 Avg (Jul–Dec) 3.7798

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.1415 RSD (High: 3.8182 / Low: 3.6767). On the other end, May was the most stable month, with a tight range of 0.0475 RSD (High: 3.5317 / Low: 3.4841).

September Spread (Volatile) ±0.1415
May Spread (Stable) ±0.0475

Growth Streaks & Declines

Trends

Between May and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0709 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0709

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 3.8927) against the same month in 2020 (average: 3.5060), the exchange rate shifted by +0.3867 (+11.03%).

2021 Avg (November) 3.8927
2020 Avg (November) 3.5060

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.4666 3.3734 3.4301
February 3.5362 3.4574 3.4882
March 3.5987 3.4846 3.5549
April 3.5989 3.4770 3.5277
May 3.5317 3.4841 3.5089
June 3.6289 3.5066 3.5852
July 3.7103 3.5984 3.6553
August 3.7771 3.6814 3.7306
September 3.8182 3.6767 3.7351
October 3.8721 3.8118 3.8431
November 3.9347 3.8044 3.8927
December 3.8723 3.7887 3.8217