2022 BGN to RSD Historical Review

YEARLY HIGH

60.3436 RSD

YEARLY LOW

59.4642 RSD

YEARLY AVERAGE

60.0458 RSD

2022 BGN to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BGN to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 11, valuing the pair at 60.3436. Conversely, the yearly low was recorded on December 4, dropping to 59.4642.

This high-to-low spread represents a total annual volatility of 0.8794 RSD. From a start-to-finish perspective, comparing the January average rate of 60.1031 to the December average rate of 59.9318, the exchange rate registered a net change of -0.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 60.3436 was down 0.71% compared to the 2021 peak of 60.7773, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 301,718 RSD

2021 Average 300,604 RSD

Yearly Trough Low 297,321 RSD

Transaction Impact: A difference of 4,396.84 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

60.2343

59.9043

JanuMarcMayJulySeptNove

BGN 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 60.1217, compared to 59.9700 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1517 points.

H1 Avg (Jan–Jun) 60.1217

H2 Avg (Jul–Dec) 59.9700

Volatility Range Comparison

Volatility

The most volatile month in 2022 was December, with a trading range of 0.6434 RSD (High: 60.1076 / Low: 59.4642). On the other end, October was the most stable month, with a tight range of 0.1872 RSD (High: 60.0476 / Low: 59.8604).

December Spread (Volatile) ±0.6434

October Spread (Stable) ±0.1872

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.1439 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1439

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 60.1415) against the same month in 2021 (average: 60.1516), the exchange rate shifted by -0.0101 (-0.02%).

2022 Avg (February) 60.1415

2021 Avg (February) 60.1516

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	60.2039	59.8114	60.1031
February	60.3436	60.0298	60.1415
March	60.3196	60.0894	60.1678
April	60.3355	60.1195	60.2068
May	60.2174	59.8893	60.0630
June	60.1415	59.9450	60.0479
July	60.1554	59.8179	59.9755
August	60.0961	59.7493	59.9762
September	60.3361	59.8387	60.0062
October	60.0476	59.8604	59.9705
November	60.0453	59.8387	59.9598
December	60.1076	59.4642	59.9318