YEARLY HIGH
9.4133 RSD
YEARLY LOW
6.8925 RSD
YEARLY AVERAGE
8.2513 RSD

2022 SCR to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SCR to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 9.4133. Conversely, the yearly low was recorded on January 16, dropping to 6.8925.

This high-to-low spread represents a total annual volatility of 2.5208 RSD. From a start-to-finish perspective, comparing the January average rate of 7.5528 to the December average rate of 8.2902, the exchange rate registered a net change of 9.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 9.4133 was up 15.20% compared to the 2021 peak of 8.1715, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SCR based on timing:

Yearly Peak High 47,066 RSD
2021 Average 31,998 RSD
Yearly Trough Low 34,462 RSD
Transaction Impact: A difference of 12,604.17 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

9.0852
7.2677
JanuMarcMayJulySeptNove

SCR to RSD 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 7.8263, compared to 8.6763 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8500 points.

H1 Avg (Jan–Jun) 7.8263
H2 Avg (Jul–Dec) 8.6763

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 1.1928 RSD (High: 9.4133 / Low: 8.2205). On the other end, March was the most stable month, with a tight range of 0.2025 RSD (High: 7.5196 / Low: 7.3171).

September Spread (Volatile) ±1.1928
March Spread (Stable) ±0.2025

Growth Streaks & Declines

Trends

Between June and October, 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 October and November, when the average rate fell by 0.3610 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.3610

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 8.8326) against the same month in 2021 (average: 7.6081), the exchange rate shifted by +1.2245 (+16.10%).

2022 Avg (September) 8.8326
2021 Avg (September) 7.6081

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 7.9722 6.8925 7.5528
February 7.9475 7.1361 7.5784
March 7.5196 7.3171 7.4191
April 8.4899 7.3911 7.6636
May 8.6270 7.8609 8.4440
June 8.7136 7.6437 8.2999
July 9.1283 8.0477 8.6874
August 9.0482 8.4301 8.7411
September 9.4133 8.2205 8.8326
October 9.1692 8.5060 8.9337
November 9.3396 8.2331 8.5727
December 8.5469 7.8107 8.2902