2022 DJF to RSD Historical Review

YEARLY HIGH

0.6869 RSD

YEARLY LOW

0.5764 RSD

YEARLY AVERAGE

0.6272 RSD

2022 DJF to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the DJF to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.6869. Conversely, the yearly low was recorded on February 7, dropping to 0.5764.

This high-to-low spread represents a total annual volatility of 0.1105 RSD. From a start-to-finish perspective, comparing the January average rate of 0.5839 to the December average rate of 0.6228, the exchange rate registered a net change of 6.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.6869 was up 16.53% compared to the 2021 peak of 0.5894, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,434 RSD

2021 Average 2,793 RSD

Yearly Trough Low 2,882 RSD

Transaction Impact: A difference of 552.50 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.6795

0.5738

JanuMarcMayJulySeptNove

DJF 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 0.6041, compared to 0.6503 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0463 points.

H1 Avg (Jan–Jun) 0.6041

H2 Avg (Jul–Dec) 0.6503

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0441 RSD (High: 0.6765 / Low: 0.6324). On the other end, December was the most stable month, with a tight range of 0.0139 RSD (High: 0.6304 / Low: 0.6166).

November Spread (Volatile) ±0.0441

December Spread (Stable) ±0.0139

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0250 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0250

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.6652) against the same month in 2021 (average: 0.5607), the exchange rate shifted by +0.1044 (+18.62%).

2022 Avg (September) 0.6652

2021 Avg (September) 0.5607

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5932	0.5770	0.5839
February	0.5906	0.5764	0.5826
March	0.6073	0.5925	0.6003
April	0.6299	0.5978	0.6102
May	0.6359	0.6128	0.6239
June	0.6321	0.6133	0.6235
July	0.6578	0.6324	0.6471
August	0.6631	0.6386	0.6505
September	0.6869	0.6502	0.6652
October	0.6794	0.6579	0.6707
November	0.6765	0.6324	0.6457
December	0.6304	0.6166	0.6228