2022 AZN to RSD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 AZN to RSD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the AZN to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 71.9426. Conversely, the yearly low was recorded on February 5, dropping to 60.3981.
This high-to-low spread represents a total annual volatility of 11.5445 RSD. From a start-to-finish perspective, comparing the January average rate of 61.0927 to the December average rate of 65.1602, the exchange rate registered a net change of 6.66% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 71.9426 was up 16.59% compared to the 2021 peak of 61.7061, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
AZN to RSD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 63.2903, compared to 68.0616 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.7714 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was November, with a trading range of 4.5817 RSD (High: 70.7802 / Low: 66.1985). On the other end, February was the most stable month, with a tight range of 1.4371 RSD (High: 61.8353 / Low: 60.3981).
Growth Streaks & Declines
TrendsBetween February and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 2.6640 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2022: 69.6451) against the same month in 2021 (average: 58.6905), the exchange rate shifted by +10.9546 (+18.67%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 62.0629 | 60.4597 | 61.0927 |
| February | 61.8353 | 60.3981 | 60.9771 |
| March | 63.6967 | 62.0492 | 62.8944 |
| April | 65.9083 | 62.7176 | 64.0375 |
| May | 66.6154 | 64.1471 | 65.3672 |
| June | 66.2723 | 64.2426 | 65.3728 |
| July | 68.8524 | 66.2129 | 67.7153 |
| August | 69.4641 | 66.9010 | 68.2073 |
| September | 71.9426 | 68.1372 | 69.6451 |
| October | 71.1204 | 68.3647 | 70.1529 |
| November | 70.7802 | 66.1985 | 67.4890 |
| December | 65.9219 | 64.3774 | 65.1602 |