2022 NOK to RSD Historical Review

YEARLY HIGH

12.4534 RSD

YEARLY LOW

10.9985 RSD

YEARLY AVERAGE

11.6319 RSD

2022 NOK to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NOK to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 25, valuing the pair at 12.4534. Conversely, the yearly low was recorded on October 1, dropping to 10.9985.

This high-to-low spread represents a total annual volatility of 1.4548 RSD. From a start-to-finish perspective, comparing the January average rate of 11.7324 to the December average rate of 11.2198, the exchange rate registered a net change of -4.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 12.4534 was up 2.42% compared to the 2021 peak of 12.1585, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 62,267 RSD

2021 Average 57,833 RSD

Yearly Trough Low 54,993 RSD

Transaction Impact: A difference of 7,274.16 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

12.3292

11.1190

JanuMarcMayJulySeptNove

NOK 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 11.7891, compared to 11.4748 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3143 points.

H1 Avg (Jan–Jun) 11.7891

H2 Avg (Jul–Dec) 11.4748

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.8577 RSD (High: 11.8562 / Low: 10.9985). On the other end, January was the most stable month, with a tight range of 0.2822 RSD (High: 11.8630 / Low: 11.5808).

September Spread (Volatile) ±0.8577

January Spread (Stable) ±0.2822

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 April and May, when the average rate fell by 0.6459 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.6459

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 12.1071) against the same month in 2021 (average: 11.5882), the exchange rate shifted by +0.5189 (+4.48%).

2022 Avg (March) 12.1071

2021 Avg (March) 11.5882

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.8630	11.5808	11.7324
February	11.9017	11.5341	11.6885
March	12.4534	11.8903	12.1071
April	12.4289	11.8851	12.2283
May	11.9935	11.3330	11.5824
June	11.6580	11.1744	11.3959
July	11.8816	11.3333	11.5317
August	12.1685	11.7265	11.9167
September	11.8562	10.9985	11.5475
October	11.4540	10.9985	11.2849
November	11.5143	11.1253	11.3481
December	11.4623	11.1155	11.2198