2022 RSD to CVE Historical Review

YEARLY HIGH

0.9853 CVE

YEARLY LOW

0.8907 CVE

YEARLY AVERAGE

0.9411 CVE

2022 RSD to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the RSD to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 0.9853. Conversely, the yearly low was recorded on September 21, dropping to 0.8907.

This high-to-low spread represents a total annual volatility of 0.0947 CVE. From a start-to-finish perspective, comparing the January average rate of 0.9408 to the December average rate of 0.9421, the exchange rate registered a net change of 0.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.9853 was up 1.31% compared to the 2021 peak of 0.9726, 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 4,927 CVE

2021 Average 4,706 CVE

Yearly Trough Low 4,453 CVE

Transaction Impact: A difference of 473.32 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.9480

0.9331

JanuMarcMayJulySeptNove

RSD to CVE 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 0.9405, compared to 0.9417 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.9405

H2 Avg (Jul–Dec) 0.9417

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0720 CVE (High: 0.9627 / Low: 0.8907). On the other end, January was the most stable month, with a tight range of 0.0173 CVE (High: 0.9482 / Low: 0.9310).

September Spread (Volatile) ±0.0720

January Spread (Stable) ±0.0173

Growth Streaks & Declines

Trends

Between September and November, 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 0.0071 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0071

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2022: 0.9455) against the same month in 2021 (average: 0.9415), the exchange rate shifted by +0.0040 (+0.42%).

2022 Avg (October) 0.9455

2021 Avg (October) 0.9415

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9482	0.9310	0.9408
February	0.9532	0.9294	0.9416
March	0.9556	0.9288	0.9405
April	0.9439	0.9261	0.9373
May	0.9481	0.9283	0.9417
June	0.9534	0.9278	0.9415
July	0.9515	0.9092	0.9343
August	0.9508	0.9334	0.9424
September	0.9627	0.8907	0.9390
October	0.9853	0.9370	0.9455
November	0.9741	0.9316	0.9468
December	0.9542	0.9355	0.9421