2022 RSD to TOP Historical Review

YEARLY HIGH

0.0222 TOP

YEARLY LOW

0.0198 TOP

YEARLY AVERAGE

0.0209 TOP

2022 RSD to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the RSD to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.0222. Conversely, the yearly low was recorded on September 23, dropping to 0.0198.

This high-to-low spread represents a total annual volatility of 0.0024 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0219 to the December average rate of 0.0212, the exchange rate registered a net change of -3.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.0222 was down 6.73% compared to the 2021 peak of 0.0238, 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 111 TOP

2021 Average 114 TOP

Yearly Trough Low 99 TOP

Transaction Impact: A difference of 11.95 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.0221

0.0200

JanuMarcMayJulySeptNove

RSD to TOP 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 0.0213, compared to 0.0205 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0213

H2 Avg (Jul–Dec) 0.0205

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0011 TOP (High: 0.0211 / Low: 0.0201). On the other end, June was the most stable month, with a tight range of 0.0004 TOP (High: 0.0211 / Low: 0.0207).

November Spread (Volatile) ±0.0011

June Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between 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 0.0007 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.0219) against the same month in 2021 (average: 0.0236), the exchange rate shifted by -0.0017 (-7.03%).

2022 Avg (January) 0.0219

2021 Avg (January) 0.0236

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0222	0.0216	0.0219
February	0.0221	0.0216	0.0219
March	0.0216	0.0209	0.0212
April	0.0211	0.0206	0.0208
May	0.0211	0.0206	0.0209
June	0.0211	0.0207	0.0209
July	0.0208	0.0201	0.0204
August	0.0205	0.0198	0.0202
September	0.0204	0.0198	0.0201
October	0.0209	0.0202	0.0204
November	0.0211	0.0201	0.0208
December	0.0214	0.0209	0.0212