2022 CVE to RSD Historical Review

YEARLY HIGH

1.1228 RSD

YEARLY LOW

1.0149 RSD

YEARLY AVERAGE

1.0626 RSD

2022 CVE to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the CVE to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 21, valuing the pair at 1.1228. Conversely, the yearly low was recorded on October 31, dropping to 1.0149.

This high-to-low spread represents a total annual volatility of 0.1079 RSD. From a start-to-finish perspective, comparing the January average rate of 1.0630 to the December average rate of 1.0615, the exchange rate registered a net change of -0.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.1228 was up 4.42% compared to the 2021 peak of 1.0753, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,614 RSD

2021 Average 5,312 RSD

Yearly Trough Low 5,075 RSD

Transaction Impact: A difference of 539.35 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.0718

1.0549

JanuMarcMayJulySeptNove

CVE 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 1.0632, compared to 1.0621 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 1.0632

H2 Avg (Jul–Dec) 1.0621

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0840 RSD (High: 1.1228 / Low: 1.0388). On the other end, January was the most stable month, with a tight range of 0.0195 RSD (High: 1.0741 / Low: 1.0546).

September Spread (Volatile) ±0.0840

January Spread (Stable) ±0.0195

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0093 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0093

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 1.0652) against the same month in 2021 (average: 1.0632), the exchange rate shifted by +0.0021 (+0.19%).

2022 Avg (September) 1.0652

2021 Avg (September) 1.0632

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0741	1.0546	1.0630
February	1.0759	1.0491	1.0621
March	1.0766	1.0465	1.0633
April	1.0798	1.0594	1.0669
May	1.0773	1.0547	1.0620
June	1.0778	1.0489	1.0622
July	1.0998	1.0510	1.0704
August	1.0713	1.0517	1.0611
September	1.1228	1.0388	1.0652
October	1.0673	1.0149	1.0578
November	1.0734	1.0266	1.0563
December	1.0690	1.0480	1.0615