YEARLY HIGH
0.0909 NOK
YEARLY LOW
0.0803 NOK
YEARLY AVERAGE
0.0860 NOK

2022 RSD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the RSD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.0909. Conversely, the yearly low was recorded on March 25, dropping to 0.0803.

This high-to-low spread represents a total annual volatility of 0.0106 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0852 to the December average rate of 0.0891, the exchange rate registered a net change of 4.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0909 was up 0.76% compared to the 2021 peak of 0.0902, 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 455 NOK
2021 Average 432 NOK
Yearly Trough Low 401 NOK
Transaction Impact: A difference of 53.11 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0899
0.0811
JanuMarcMayJulySeptNove

RSD to NOK 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 0.0849, compared to 0.0872 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.0849
H2 Avg (Jul–Dec) 0.0872

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0066 NOK (High: 0.0909 / Low: 0.0843). On the other end, January was the most stable month, with a tight range of 0.0021 NOK (High: 0.0863 / Low: 0.0843).

September Spread (Volatile) ±0.0066
January Spread (Stable) ±0.0021

Growth Streaks & Declines

Trends

Between April and June, 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 February and March, when the average rate fell by 0.0029 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 0.0866) against the same month in 2021 (average: 0.0868), the exchange rate shifted by -0.0002 (-0.18%).

2022 Avg (September) 0.0866
2021 Avg (September) 0.0868

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0863 0.0843 0.0852
February 0.0867 0.0840 0.0856
March 0.0841 0.0803 0.0826
April 0.0841 0.0805 0.0818
May 0.0882 0.0834 0.0864
June 0.0895 0.0858 0.0878
July 0.0882 0.0842 0.0867
August 0.0853 0.0822 0.0839
September 0.0909 0.0843 0.0866
October 0.0909 0.0873 0.0886
November 0.0899 0.0868 0.0881
December 0.0900 0.0872 0.0891