YEARLY HIGH
2.2116 RSD
YEARLY LOW
1.7666 RSD
YEARLY AVERAGE
2.0197 RSD

2022 GMD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the GMD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 23, valuing the pair at 2.2116. Conversely, the yearly low was recorded on December 31, dropping to 1.7666.

This high-to-low spread represents a total annual volatility of 0.4450 RSD. From a start-to-finish perspective, comparing the January average rate of 1.9668 to the December average rate of 1.7847, the exchange rate registered a net change of -9.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 2.2116 was up 10.32% compared to the 2021 peak of 2.0048, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,058 RSD
2021 Average 9,652 RSD
Yearly Trough Low 8,833 RSD
Transaction Impact: A difference of 2,225.09 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

2.1973
1.7472
JanuMarcMayJulySeptNove

GMD 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 2.0080, compared to 2.0314 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0234 points.

H1 Avg (Jan–Jun) 2.0080
H2 Avg (Jul–Dec) 2.0314

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.2382 RSD (High: 2.0534 / Low: 1.8151). On the other end, December was the most stable month, with a tight range of 0.0337 RSD (High: 1.8003 / Low: 1.7666).

November Spread (Volatile) ±0.2382
December Spread (Stable) ±0.0337

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.2274 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2274

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 2.1598) against the same month in 2021 (average: 1.9410), the exchange rate shifted by +0.2188 (+11.27%).

2022 Avg (September) 2.1598
2021 Avg (September) 1.9410

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0058 1.9400 1.9668
February 1.9806 1.9364 1.9511
March 2.0316 1.9552 1.9977
April 2.0807 1.9781 2.0184
May 2.1128 2.0148 2.0597
June 2.0806 2.0187 2.0546
July 2.1651 2.0810 2.1301
August 2.1698 2.0900 2.1334
September 2.2116 2.1254 2.1598
October 2.1719 2.0021 2.1040
November 2.0534 1.8151 1.8766
December 1.8003 1.7666 1.7847