YEARLY HIGH
85.0054 RSD
YEARLY LOW
76.2977 RSD
YEARLY AVERAGE
80.9583 RSD

2022 SGD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SGD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 85.0054. Conversely, the yearly low was recorded on February 5, dropping to 76.2977.

This high-to-low spread represents a total annual volatility of 8.7077 RSD. From a start-to-finish perspective, comparing the January average rate of 76.8860 to the December average rate of 81.9207, the exchange rate registered a net change of 6.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 85.0054 was up 10.68% compared to the 2021 peak of 76.8030, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 425,027 RSD
2021 Average 369,982 RSD
Yearly Trough Low 381,488 RSD
Transaction Impact: A difference of 43,538.38 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

84.4871
76.1949
JanuMarcMayJulySeptNove

SGD 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 78.8134, compared to 83.1033 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.2899 points.

H1 Avg (Jan–Jun) 78.8134
H2 Avg (Jul–Dec) 83.1033

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 2.8974 RSD (High: 84.6195 / Low: 81.7221). On the other end, February was the most stable month, with a tight range of 1.2567 RSD (High: 77.5544 / Low: 76.2977).

November Spread (Volatile) ±2.8974
February Spread (Stable) ±1.2567

Growth Streaks & Declines

Trends

Between January and May, 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 0.9263 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.9263

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 83.7961) against the same month in 2021 (average: 74.0685), the exchange rate shifted by +9.7276 (+13.13%).

2022 Avg (September) 83.7961
2021 Avg (September) 74.0685

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 77.9901 76.3044 76.8860
February 77.5544 76.2977 76.9328
March 79.4922 77.8721 78.6854
April 80.8107 78.5820 79.6998
May 81.1253 79.7721 80.4175
June 80.9913 79.6011 80.2587
July 83.4462 80.6434 82.5548
August 84.6781 83.0200 83.7432
September 85.0054 82.9851 83.7961
October 84.6252 82.5934 83.7656
November 84.6195 81.7221 82.8394
December 82.4813 81.2039 81.9207