YEARLY HIGH
9.4400 RSD
YEARLY LOW
8.4829 RSD
YEARLY AVERAGE
9.0337 RSD

2022 BWP to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the BWP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 9.4400. Conversely, the yearly low was recorded on December 13, dropping to 8.4829.

This high-to-low spread represents a total annual volatility of 0.9571 RSD. From a start-to-finish perspective, comparing the January average rate of 8.9464 to the December average rate of 8.5959, the exchange rate registered a net change of -3.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 9.4400 was up 2.94% compared to the 2021 peak of 9.1701, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 47,200 RSD
2021 Average 44,857 RSD
Yearly Trough Low 42,414 RSD
Transaction Impact: A difference of 4,785.65 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

9.3783
8.5247
JanuMarcMayJulySeptNove

BWP 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 9.1296, compared to 8.9378 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1918 points.

H1 Avg (Jan–Jun) 9.1296
H2 Avg (Jul–Dec) 8.9378

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.3997 RSD (High: 8.9429 / Low: 8.5432). On the other end, August was the most stable month, with a tight range of 0.1721 RSD (High: 9.2422 / Low: 9.0702).

November Spread (Volatile) ±0.3997
August Spread (Stable) ±0.1721

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 November and December, when the average rate fell by 0.1808 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1808

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2022: 9.3072) against the same month in 2021 (average: 9.0375), the exchange rate shifted by +0.2697 (+2.98%).

2022 Avg (April) 9.3072
2021 Avg (April) 9.0375

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.1149 8.7911 8.9464
February 9.1124 8.8549 8.9846
March 9.3426 8.9913 9.2296
April 9.4400 9.1468 9.3072
May 9.2629 9.0721 9.1601
June 9.3676 9.0420 9.1496
July 9.2079 8.9984 9.1151
August 9.2422 9.0702 9.1666
September 9.1828 8.9033 9.0573
October 9.0532 8.6780 8.9155
November 8.9429 8.5432 8.7766
December 8.6844 8.4829 8.5959