2022 NPR to RSD Historical Review

YEARLY HIGH

0.9368 RSD

YEARLY LOW

0.8283 RSD

YEARLY AVERAGE

0.8882 RSD

2022 NPR to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NPR to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.9368. Conversely, the yearly low was recorded on December 31, dropping to 0.8283.

This high-to-low spread represents a total annual volatility of 0.1085 RSD. From a start-to-finish perspective, comparing the January average rate of 0.8722 to the December average rate of 0.8397, the exchange rate registered a net change of -3.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.9368 was up 6.19% compared to the 2021 peak of 0.8822, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,684 RSD

2021 Average 4,207 RSD

Yearly Trough Low 4,141 RSD

Transaction Impact: A difference of 542.44 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.9320

0.8313

JanuMarcMayJulySeptNove

NPR 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 0.8826, compared to 0.8939 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0113 points.

H1 Avg (Jan–Jun) 0.8826

H2 Avg (Jul–Dec) 0.8939

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0497 RSD (High: 0.9094 / Low: 0.8596). On the other end, January was the most stable month, with a tight range of 0.0107 RSD (High: 0.8789 / Low: 0.8682).

November Spread (Volatile) ±0.0497

January Spread (Stable) ±0.0107

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 November and December, when the average rate fell by 0.0387 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0387

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.9236) against the same month in 2021 (average: 0.8485), the exchange rate shifted by +0.0751 (+8.85%).

2022 Avg (September) 0.9236

2021 Avg (September) 0.8485

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8789	0.8682	0.8722
February	0.8772	0.8568	0.8646
March	0.8840	0.8647	0.8769
April	0.9166	0.8757	0.8927
May	0.9143	0.8797	0.8993
June	0.9013	0.8801	0.8897
July	0.9198	0.8913	0.9053
August	0.9246	0.8937	0.9107
September	0.9368	0.9101	0.9236
October	0.9182	0.8858	0.9056
November	0.9094	0.8596	0.8783
December	0.8573	0.8283	0.8397