2022 RSD to BIF Historical Review

YEARLY HIGH

19.6344 BIF

YEARLY LOW

16.8310 BIF

YEARLY AVERAGE

18.3212 BIF

2022 RSD to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the RSD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 19.6344. Conversely, the yearly low was recorded on September 27, dropping to 16.8310.

This high-to-low spread represents a total annual volatility of 2.8034 BIF. From a start-to-finish perspective, comparing the January average rate of 19.2806 to the December average rate of 18.6617, the exchange rate registered a net change of -3.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 19.6344 was down 4.55% compared to the 2021 peak of 20.5696, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 98,172 BIF

2021 Average 99,307 BIF

Yearly Trough Low 84,155 BIF

Transaction Impact: A difference of 14,016.97 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

19.5772

17.0509

JanuMarcMayJulySeptNove

RSD to BIF 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 18.8359, compared to 17.8065 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0294 points.

H1 Avg (Jan–Jun) 18.8359

H2 Avg (Jul–Dec) 17.8065

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 1.2020 BIF (High: 18.3595 / Low: 17.1574). On the other end, December was the most stable month, with a tight range of 0.4151 BIF (High: 18.8411 / Low: 18.4260).

November Spread (Volatile) ±1.2020

December Spread (Stable) ±0.4151

Growth Streaks & Declines

Trends

Between October and December, 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 June and July, when the average rate fell by 0.5859 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.5859

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 19.3667) against the same month in 2021 (average: 20.0579), the exchange rate shifted by -0.6912 (-3.45%).

2022 Avg (February) 19.3667

2021 Avg (February) 20.0579

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	19.4987	18.9168	19.2806
February	19.6344	19.0646	19.3667
March	19.2881	18.6154	18.9355
April	19.2789	18.0886	18.6789
May	18.8431	17.9735	18.3063
June	18.8085	18.1723	18.4475
July	18.2827	17.5790	17.8616
August	18.0507	17.3921	17.7329
September	17.7567	16.8310	17.3604
October	17.6437	17.0107	17.2614
November	18.3595	17.1574	17.9609
December	18.8411	18.4260	18.6617