YEARLY HIGH
1.9140 RSD
YEARLY LOW
1.6086 RSD
YEARLY AVERAGE
1.7482 RSD

2022 MZN to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MZN to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 1.9140. Conversely, the yearly low was recorded on February 5, dropping to 1.6086.

This high-to-low spread represents a total annual volatility of 0.3054 RSD. From a start-to-finish perspective, comparing the January average rate of 1.6266 to the December average rate of 1.7340, the exchange rate registered a net change of 6.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 1.9140 was up 8.09% compared to the 2021 peak of 1.7707, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,570 RSD
2021 Average 7,640 RSD
Yearly Trough Low 8,043 RSD
Transaction Impact: A difference of 1,526.84 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1.8912
1.5994
JanuMarcMayJulySeptNove

MZN 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 1.6850, compared to 1.8114 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1264 points.

H1 Avg (Jan–Jun) 1.6850
H2 Avg (Jul–Dec) 1.8114

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.1212 RSD (High: 1.8838 / Low: 1.7625). On the other end, February was the most stable month, with a tight range of 0.0383 RSD (High: 1.6469 / Low: 1.6086).

November Spread (Volatile) ±0.1212
February Spread (Stable) ±0.0383

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 0.0705 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0705

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 1.8532) against the same month in 2021 (average: 1.5643), the exchange rate shifted by +0.2888 (+18.46%).

2022 Avg (September) 1.8532
2021 Avg (September) 1.5643

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6529 1.6090 1.6266
February 1.6469 1.6086 1.6237
March 1.6961 1.6521 1.6747
April 1.7548 1.6699 1.7050
May 1.7736 1.7079 1.7404
June 1.7631 1.7107 1.7396
July 1.8331 1.7628 1.8028
August 1.8495 1.7798 1.8154
September 1.9140 1.8127 1.8532
October 1.8921 1.8188 1.8669
November 1.8838 1.7625 1.7964
December 1.7538 1.7140 1.7340