2022 RSD to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 RSD to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the RSD to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 40.9351. Conversely, the yearly low was recorded on September 23, dropping to 34.2564.
This high-to-low spread represents a total annual volatility of 6.6787 MGA. From a start-to-finish perspective, comparing the January average rate of 38.3242 to the December average rate of 39.9138, the exchange rate registered a net change of 4.15% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 40.9351 was up 0.22% compared to the 2021 peak of 40.8457, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RSD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
RSD to MGA 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 37.3225, compared to 36.7264 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5961 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was November, with a trading range of 3.2224 MGA (High: 38.7540 / Low: 35.5316). On the other end, January was the most stable month, with a tight range of 0.9003 MGA (High: 38.7110 / Low: 37.8107).
Growth Streaks & Declines
TrendsBetween September and December, 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 February and March, when the average rate fell by 0.8595 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2022: 39.9138) against the same month in 2021 (average: 38.1423), the exchange rate shifted by +1.7715 (+4.64%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 38.7110 | 37.8107 | 38.3242 |
| February | 39.0546 | 37.9157 | 38.4702 |
| March | 38.1114 | 36.8315 | 37.6107 |
| April | 37.9606 | 35.8723 | 36.9438 |
| May | 37.0591 | 35.3888 | 36.1398 |
| June | 37.0226 | 35.8555 | 36.4463 |
| July | 36.6779 | 34.9616 | 35.9888 |
| August | 36.9866 | 34.8912 | 36.0162 |
| September | 36.0911 | 34.2564 | 35.3007 |
| October | 36.5140 | 34.9641 | 35.5772 |
| November | 38.7540 | 35.5316 | 37.5618 |
| December | 40.9351 | 39.0200 | 39.9138 |