2022 CDF to RSD Historical Review

YEARLY HIGH

0.0596 RSD

YEARLY LOW

0.0510 RSD

YEARLY AVERAGE

0.0553 RSD

2022 CDF to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the CDF to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.0596. Conversely, the yearly low was recorded on February 5, dropping to 0.0510.

This high-to-low spread represents a total annual volatility of 0.0087 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0518 to the December average rate of 0.0542, the exchange rate registered a net change of 4.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0596 was up 13.28% compared to the 2021 peak of 0.0527, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 298 RSD

2021 Average 250 RSD

Yearly Trough Low 255 RSD

Transaction Impact: A difference of 43.46 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0590

0.0509

JanuMarcMayJulySeptNove

CDF 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 0.0536, compared to 0.0569 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0033 points.

H1 Avg (Jan–Jun) 0.0536

H2 Avg (Jul–Dec) 0.0569

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0040 RSD (High: 0.0588 / Low: 0.0548). On the other end, December was the most stable month, with a tight range of 0.0010 RSD (High: 0.0546 / Low: 0.0537).

November Spread (Volatile) ±0.0040

December Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between 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 0.0023 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.0580) against the same month in 2021 (average: 0.0501), the exchange rate shifted by +0.0078 (+15.64%).

2022 Avg (September) 0.0580

2021 Avg (September) 0.0501

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0526	0.0513	0.0518
February	0.0523	0.0510	0.0516
March	0.0540	0.0526	0.0533
April	0.0559	0.0531	0.0542
May	0.0562	0.0545	0.0553
June	0.0563	0.0546	0.0555
July	0.0586	0.0563	0.0576
August	0.0584	0.0569	0.0576
September	0.0596	0.0566	0.0580
October	0.0590	0.0573	0.0583
November	0.0588	0.0548	0.0560
December	0.0546	0.0537	0.0542