2022 JMD to RSD Historical Review

YEARLY HIGH

0.8056 RSD

YEARLY LOW

0.6553 RSD

YEARLY AVERAGE

0.7279 RSD

2022 JMD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the JMD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.8056. Conversely, the yearly low was recorded on February 10, dropping to 0.6553.

This high-to-low spread represents a total annual volatility of 0.1503 RSD. From a start-to-finish perspective, comparing the January average rate of 0.6702 to the December average rate of 0.7228, the exchange rate registered a net change of 7.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.8056 was up 16.13% compared to the 2021 peak of 0.6937, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,028 RSD

2021 Average 3,302 RSD

Yearly Trough Low 3,276 RSD

Transaction Impact: A difference of 751.61 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.7934

0.6512

JanuMarcMayJulySeptNove

JMD 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 0.6968, compared to 0.7591 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0624 points.

H1 Avg (Jan–Jun) 0.6968

H2 Avg (Jul–Dec) 0.7591

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0556 RSD (High: 0.7853 / Low: 0.7297). On the other end, January was the most stable month, with a tight range of 0.0124 RSD (High: 0.6758 / Low: 0.6634).

November Spread (Volatile) ±0.0556

January Spread (Stable) ±0.0124

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0339 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0339

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.7815) against the same month in 2021 (average: 0.6683), the exchange rate shifted by +0.1132 (+16.94%).

2022 Avg (September) 0.7815

2021 Avg (September) 0.6683

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6758	0.6634	0.6702
February	0.6778	0.6553	0.6630
March	0.7047	0.6822	0.6964
April	0.7251	0.6942	0.7044
May	0.7291	0.7067	0.7185
June	0.7471	0.7088	0.7281
July	0.7737	0.7461	0.7592
August	0.7826	0.7467	0.7639
September	0.8056	0.7630	0.7815
October	0.7901	0.7671	0.7806
November	0.7853	0.7297	0.7467
December	0.7290	0.7159	0.7228