YEARLY HIGH
12.3522 RSD
YEARLY LOW
8.1333 RSD
YEARLY AVERAGE
10.2849 RSD

2022 TJS to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TJS to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 12.3522. Conversely, the yearly low was recorded on March 30, dropping to 8.1333.

This high-to-low spread represents a total annual volatility of 4.2189 RSD. From a start-to-finish perspective, comparing the January average rate of 9.1961 to the December average rate of 10.9214, the exchange rate registered a net change of 18.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 12.3522 was up 32.85% compared to the 2021 peak of 9.2981, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 61,761 RSD
2021 Average 43,758 RSD
Yearly Trough Low 40,666 RSD
Transaction Impact: A difference of 21,094.44 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

12.1614
8.3020
JanuMarcMayJulySeptNove

TJS 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 9.1412, compared to 11.4286 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2874 points.

H1 Avg (Jan–Jun) 9.1412
H2 Avg (Jul–Dec) 11.4286

Volatility Range Comparison

Volatility

The most volatile month in 2022 was June, with a trading range of 2.7413 RSD (High: 11.6013 / Low: 8.8600). On the other end, February was the most stable month, with a tight range of 0.2203 RSD (High: 9.3120 / Low: 9.0917).

June Spread (Volatile) ±2.7413
February Spread (Stable) ±0.2203

Growth Streaks & Declines

Trends

Between March and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.5587 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.5587

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 11.7611) against the same month in 2021 (average: 8.8048), the exchange rate shifted by +2.9562 (+33.57%).

2022 Avg (September) 11.7611
2021 Avg (September) 8.8048

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.3482 9.0989 9.1961
February 9.3120 9.0917 9.1824
March 9.6129 8.1333 8.6236
April 9.0032 8.2056 8.6852
May 9.0804 8.7464 8.9076
June 11.6013 8.8600 10.2525
July 11.6871 10.9436 11.2897
August 11.5860 11.1255 11.3499
September 12.3522 11.3965 11.7611
October 12.1781 11.5824 11.8398
November 11.9943 11.1345 11.4098
December 11.1498 10.7338 10.9214