YEARLY HIGH
142.4079 RSD
YEARLY LOW
130.3002 RSD
YEARLY AVERAGE
137.7824 RSD

2022 FKP to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the FKP to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 5, valuing the pair at 142.4079. Conversely, the yearly low was recorded on September 26, dropping to 130.3002.

This high-to-low spread represents a total annual volatility of 12.1077 RSD. From a start-to-finish perspective, comparing the January average rate of 140.7642 to the December average rate of 134.8466, the exchange rate registered a net change of -4.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 142.4079 was up 1.60% compared to the 2021 peak of 140.1648, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 712,039 RSD
2021 Average 683,842 RSD
Yearly Trough Low 651,501 RSD
Transaction Impact: A difference of 60,538.45 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

141.5317
133.4341
JanuMarcMayJulySeptNove

FKP 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 139.6457, compared to 135.9190 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.7267 points.

H1 Avg (Jan–Jun) 139.6457
H2 Avg (Jul–Dec) 135.9190

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 6.1748 RSD (High: 136.4750 / Low: 130.3002). On the other end, January was the most stable month, with a tight range of 1.7430 RSD (High: 141.3591 / Low: 139.6161).

September Spread (Volatile) ±6.1748
January Spread (Stable) ±1.7430

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 August and September, when the average rate fell by 4.5809 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -4.5809

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 140.7573) against the same month in 2021 (average: 136.9154), the exchange rate shifted by +3.8420 (+2.81%).

2022 Avg (March) 140.7573
2021 Avg (March) 136.9154

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 141.3591 139.6161 140.7642
February 141.3832 138.9572 140.2810
March 142.4079 138.5778 140.7573
April 142.3197 139.0816 140.8569
May 140.1529 136.8981 138.3427
June 138.1559 135.1197 136.8722
July 140.1370 136.1784 138.2544
August 140.3846 135.6368 138.6898
September 136.4750 130.3002 134.1089
October 136.7328 132.5606 134.7080
November 136.6131 133.0803 134.9062
December 136.9545 132.4024 134.8466