YEARLY HIGH
7.4592 RSD
YEARLY LOW
6.2598 RSD
YEARLY AVERAGE
6.8377 RSD

2022 SZL to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SZL to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 12, valuing the pair at 7.4592. Conversely, the yearly low was recorded on December 18, dropping to 6.2598.

This high-to-low spread represents a total annual volatility of 1.1994 RSD. From a start-to-finish perspective, comparing the January average rate of 6.7124 to the December average rate of 6.4180, the exchange rate registered a net change of -4.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 7.4592 was up 4.02% compared to the 2021 peak of 7.1712, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 37,296 RSD
2021 Average 33,680 RSD
Yearly Trough Low 31,299 RSD
Transaction Impact: A difference of 5,996.89 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

7.3473
6.3335
JanuMarcMayJulySeptNove

SZL 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 6.9904, compared to 6.6850 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3054 points.

H1 Avg (Jan–Jun) 6.9904
H2 Avg (Jul–Dec) 6.6850

Volatility Range Comparison

Volatility

The most volatile month in 2022 was March, with a trading range of 0.4982 RSD (High: 7.3627 / Low: 6.8645). On the other end, May was the most stable month, with a tight range of 0.2099 RSD (High: 7.0798 / Low: 6.8699).

March Spread (Volatile) ±0.4982
May Spread (Stable) ±0.2099

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.2732 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2732

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2022: 7.2628) against the same month in 2021 (average: 6.8162), the exchange rate shifted by +0.4466 (+6.55%).

2022 Avg (April) 7.2628
2021 Avg (April) 6.8162

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.9189 6.4818 6.7124
February 6.9108 6.6289 6.8093
March 7.3627 6.8645 7.1268
April 7.4592 6.9924 7.2628
May 7.0798 6.8699 6.9896
June 7.2454 6.8745 7.0415
July 7.0641 6.7022 6.8569
August 7.0653 6.8521 6.9386
September 6.9115 6.6165 6.7555
October 6.7182 6.4305 6.5800
November 6.6978 6.4729 6.5612
December 6.5696 6.2598 6.4180