YEARLY HIGH
1.4161 RSD
YEARLY LOW
0.9763 RSD
YEARLY AVERAGE
1.2451 RSD

2022 AFN to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the AFN to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 12, valuing the pair at 1.4161. Conversely, the yearly low was recorded on January 12, dropping to 0.9763.

This high-to-low spread represents a total annual volatility of 0.4398 RSD. From a start-to-finish perspective, comparing the January average rate of 0.9934 to the December average rate of 1.2666, the exchange rate registered a net change of 27.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.4161 was up 9.15% compared to the 2021 peak of 1.2974, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,080 RSD
2021 Average 5,995 RSD
Yearly Trough Low 4,881 RSD
Transaction Impact: A difference of 2,199.08 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.4091
0.9556
JanuMarcMayJulySeptNove

AFN 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 1.1774, compared to 1.3127 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1353 points.

H1 Avg (Jan–Jun) 1.1774
H2 Avg (Jul–Dec) 1.3127

Volatility Range Comparison

Volatility

The most volatile month in 2022 was April, with a trading range of 0.1082 RSD (High: 1.3105 / Low: 1.2023). On the other end, December was the most stable month, with a tight range of 0.0367 RSD (High: 1.2875 / Low: 1.2508).

April Spread (Volatile) ±0.1082
December Spread (Stable) ±0.0367

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0663 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0663

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 1.3714) against the same month in 2021 (average: 1.1245), the exchange rate shifted by +0.2468 (+21.95%).

2022 Avg (October) 1.3714
2021 Avg (October) 1.1245

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0230 0.9763 0.9934
February 1.1444 1.0440 1.1119
March 1.2410 1.1519 1.2052
April 1.3105 1.2023 1.2447
May 1.3056 1.2097 1.2614
June 1.2764 1.2269 1.2481
July 1.3310 1.2710 1.2979
August 1.3352 1.2600 1.2977
September 1.3919 1.3038 1.3378
October 1.4161 1.3360 1.3714
November 1.3606 1.2637 1.3050
December 1.2875 1.2508 1.2666