2022 ARS to RSD Historical Review

YEARLY HIGH

1.0106 RSD

YEARLY LOW

0.6178 RSD

YEARLY AVERAGE

0.8734 RSD

2022 ARS to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ARS to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 1.0106. Conversely, the yearly low was recorded on December 31, dropping to 0.6178.

This high-to-low spread represents a total annual volatility of 0.3928 RSD. From a start-to-finish perspective, comparing the January average rate of 0.9996 to the December average rate of 0.6431, the exchange rate registered a net change of -35.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.0106 was down 11.47% compared to the 2021 peak of 1.1416, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,053 RSD

2021 Average 5,238 RSD

Yearly Trough Low 3,089 RSD

Transaction Impact: A difference of 1,963.99 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.0353

0.6075

JanuMarcMayJulySeptNove

ARS 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 0.9603, compared to 0.7865 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1738 points.

H1 Avg (Jan–Jun) 0.9603

H2 Avg (Jul–Dec) 0.7865

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0895 RSD (High: 0.7622 / Low: 0.6727). On the other end, January was the most stable month, with a tight range of 0.0207 RSD (High: 1.0106 / Low: 0.9900).

November Spread (Volatile) ±0.0895

January Spread (Stable) ±0.0207

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0761 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0761

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.9996) against the same month in 2021 (average: 1.1268), the exchange rate shifted by -0.1272 (-11.29%).

2022 Avg (January) 0.9996

2021 Avg (January) 1.1268

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0106	0.9900	0.9996
February	0.9922	0.9684	0.9745
March	0.9986	0.9512	0.9774
April	0.9726	0.9514	0.9607
May	0.9666	0.9087	0.9437
June	0.9212	0.8907	0.9059
July	0.9179	0.8730	0.8974
August	0.8749	0.8431	0.8569
September	0.8473	0.8100	0.8283
October	0.8127	0.7479	0.7846
November	0.7622	0.6727	0.7085
December	0.6646	0.6178	0.6431