2022 PEN to RSD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 PEN to RSD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the PEN to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 31.0610. Conversely, the yearly low was recorded on January 2, dropping to 25.9063.
This high-to-low spread represents a total annual volatility of 5.1547 RSD. From a start-to-finish perspective, comparing the January average rate of 26.6786 to the December average rate of 28.9543, the exchange rate registered a net change of 8.53% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 31.0610 was up 12.86% compared to the 2021 peak of 27.5218, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 PEN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
PEN to RSD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 28.5031, compared to 29.7524 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2494 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was January, with a trading range of 1.5679 RSD (High: 27.4741 / Low: 25.9063). On the other end, December was the most stable month, with a tight range of 0.4334 RSD (High: 29.1724 / Low: 28.7391).
Growth Streaks & Declines
TrendsBetween January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.6582 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2022: 30.4529) against the same month in 2021 (average: 24.2990), the exchange rate shifted by +6.1539 (+25.33%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 27.4741 | 25.9063 | 26.6786 |
| February | 28.1595 | 26.6372 | 27.3453 |
| March | 29.1153 | 27.8950 | 28.5898 |
| April | 29.5034 | 28.6627 | 29.1293 |
| May | 29.9843 | 28.9695 | 29.6054 |
| June | 30.1028 | 29.2137 | 29.6701 |
| July | 29.8930 | 29.1885 | 29.5507 |
| August | 30.7463 | 29.1855 | 29.9426 |
| September | 31.0610 | 29.9189 | 30.4529 |
| October | 30.5174 | 29.2194 | 30.0017 |
| November | 30.4217 | 29.1781 | 29.6125 |
| December | 29.1724 | 28.7391 | 28.9543 |