YEARLY HIGH
6.8844 RSD
YEARLY LOW
4.4273 RSD
YEARLY AVERAGE
5.9088 RSD

2022 EGP to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the EGP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 6.8844. Conversely, the yearly low was recorded on December 31, dropping to 4.4273.

This high-to-low spread represents a total annual volatility of 2.4571 RSD. From a start-to-finish perspective, comparing the January average rate of 6.6065 to the December average rate of 4.4925, the exchange rate registered a net change of -32.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 6.8844 was up 3.12% compared to the 2021 peak of 6.6762, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 34,422 RSD
2021 Average 31,679 RSD
Yearly Trough Low 22,137 RSD
Transaction Impact: A difference of 12,285.48 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

6.8179
4.2811
JanuMarcMayJulySeptNove

EGP 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 6.2532, compared to 5.5643 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6889 points.

H1 Avg (Jan–Jun) 6.2532
H2 Avg (Jul–Dec) 5.5643

Volatility Range Comparison

Volatility

The most volatile month in 2022 was October, with a trading range of 1.2427 RSD (High: 6.1486 / Low: 4.9059). On the other end, December was the most stable month, with a tight range of 0.1285 RSD (High: 4.5559 / Low: 4.4273).

October Spread (Volatile) ±1.2427
December Spread (Stable) ±0.1285

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 1.2392 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -1.2392

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 6.4534) against the same month in 2021 (average: 6.2918), the exchange rate shifted by +0.1617 (+2.57%).

2022 Avg (March) 6.4534
2021 Avg (March) 6.2918

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.7024 6.5410 6.6065
February 6.6762 6.5267 6.5922
March 6.8844 5.7584 6.4534
April 6.0622 5.8284 5.9060
May 6.1813 5.8611 6.0271
June 6.0172 5.8560 5.9342
July 6.2006 5.9669 6.0932
August 6.1605 5.9403 6.0544
September 6.2742 5.9832 6.1078
October 6.1486 4.9059 5.9386
November 4.9617 4.5718 4.6994
December 4.5559 4.4273 4.4925