2022 RSD to ILS Historical Review

YEARLY HIGH

0.0322 ILS

YEARLY LOW

0.0276 ILS

YEARLY AVERAGE

0.0301 ILS

2022 RSD to ILS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the RSD to ILS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0322. Conversely, the yearly low was recorded on August 26, dropping to 0.0276.

This high-to-low spread represents a total annual volatility of 0.0046 ILS. From a start-to-finish perspective, comparing the January average rate of 0.0302 to the December average rate of 0.0312, the exchange rate registered a net change of 3.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0322 was down 5.61% compared to the 2021 peak of 0.0341, 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 161 ILS

2021 Average 163 ILS

Yearly Trough Low 138 ILS

Transaction Impact: A difference of 22.94 ILS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0315

0.0281

JanuMarcMayJulySeptNove

RSD to ILS 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 0.0304, compared to 0.0298 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0304

H2 Avg (Jul–Dec) 0.0298

Volatility Range Comparison

Volatility

The most volatile month in 2022 was July, with a trading range of 0.0018 ILS (High: 0.0314 / Low: 0.0295). On the other end, April was the most stable month, with a tight range of 0.0006 ILS (High: 0.0300 / Low: 0.0294).

July Spread (Volatile) ±0.0018

April Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0017 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 0.0312) against the same month in 2021 (average: 0.0301), the exchange rate shifted by +0.0011 (+3.59%).

2022 Avg (December) 0.0312

2021 Avg (December) 0.0301

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0306	0.0296	0.0302
February	0.0314	0.0304	0.0310
March	0.0306	0.0300	0.0303
April	0.0300	0.0294	0.0298
May	0.0310	0.0300	0.0304
June	0.0313	0.0302	0.0307
July	0.0314	0.0295	0.0301
August	0.0294	0.0276	0.0284
September	0.0299	0.0286	0.0291
October	0.0301	0.0294	0.0297
November	0.0307	0.0295	0.0303
December	0.0322	0.0304	0.0312