YEARLY HIGH
24.3843 RSD
YEARLY LOW
23.5678 RSD
YEARLY AVERAGE
23.8212 RSD

2022 RON to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the RON to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 2, valuing the pair at 24.3843. Conversely, the yearly low was recorded on September 26, dropping to 23.5678.

This high-to-low spread represents a total annual volatility of 0.8165 RSD. From a start-to-finish perspective, comparing the January average rate of 23.7758 to the December average rate of 23.8399, the exchange rate registered a net change of 0.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 24.3843 was up 0.28% compared to the 2021 peak of 24.3172, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 121,921 RSD
2021 Average 119,486 RSD
Yearly Trough Low 117,839 RSD
Transaction Impact: A difference of 4,082.46 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

24.0282
23.7253
JanuMarcMayJulySeptNove

RON 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 23.7774, compared to 23.8650 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0875 points.

H1 Avg (Jan–Jun) 23.7774
H2 Avg (Jul–Dec) 23.8650

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.8165 RSD (High: 24.3843 / Low: 23.5678). On the other end, March was the most stable month, with a tight range of 0.0925 RSD (High: 23.8367 / Low: 23.7442).

September Spread (Volatile) ±0.8165
March Spread (Stable) ±0.0925

Growth Streaks & Declines

Trends

Between January and April, 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 September and October, when the average rate fell by 0.1032 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 23.9065) against the same month in 2021 (average: 23.7527), the exchange rate shifted by +0.1538 (+0.65%).

2022 Avg (September) 23.9065
2021 Avg (September) 23.7527

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 23.8101 23.6555 23.7758
February 23.8319 23.7388 23.7781
March 23.8367 23.7442 23.7850
April 23.9169 23.7307 23.8143
May 23.8425 23.7036 23.7609
June 23.7778 23.6714 23.7505
July 23.8360 23.7260 23.7653
August 24.2708 23.7702 24.0030
September 24.3843 23.5678 23.9065
October 24.0920 23.6236 23.8032
November 24.0375 23.6945 23.8720
December 23.9770 23.6907 23.8399