YEARLY HIGH
24.4651 SYP
YEARLY LOW
20.5436 SYP
YEARLY AVERAGE
22.5509 SYP

2022 RSD to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the RSD to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 24.4651. Conversely, the yearly low was recorded on September 27, dropping to 20.5436.

This high-to-low spread represents a total annual volatility of 3.9215 SYP. From a start-to-finish perspective, comparing the January average rate of 24.1915 to the December average rate of 22.6826, the exchange rate registered a net change of -6.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 24.4651 was up 0.58% compared to the 2021 peak of 24.3241, 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 122,326 SYP
2021 Average 61,876 SYP
Yearly Trough Low 102,718 SYP
Transaction Impact: A difference of 19,607.67 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

24.5502
20.7535
JanuMarcMayJulySeptNove

RSD to SYP 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 23.3708, compared to 21.7310 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6397 points.

H1 Avg (Jan–Jun) 23.3708
H2 Avg (Jul–Dec) 21.7310

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 1.4452 SYP (High: 22.3262 / Low: 20.8810). On the other end, December was the most stable month, with a tight range of 0.5379 SYP (High: 22.9577 / Low: 22.4198).

November Spread (Volatile) ±1.4452
December Spread (Stable) ±0.5379

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 0.7814 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.7814

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 24.2338) against the same month in 2021 (average: 5.2727), the exchange rate shifted by +18.9611 (+359.61%).

2022 Avg (February) 24.2338
2021 Avg (February) 5.2727

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 24.4546 23.8089 24.1915
February 24.4651 23.8965 24.2338
March 23.8141 23.1982 23.4952
April 23.5603 22.4238 23.0818
May 23.0402 22.1857 22.6124
June 23.0059 22.3013 22.6100
July 22.3213 21.4656 21.8286
August 22.0917 21.2766 21.6715
September 21.6909 20.5436 21.2255
October 21.6187 20.7811 21.0698
November 22.3262 20.8810 21.9082
December 22.9577 22.4198 22.6826