YEARLY HIGH
3.9284 RSD
YEARLY LOW
3.5692 RSD
YEARLY AVERAGE
3.7504 RSD

2022 TWD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TWD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 13, valuing the pair at 3.9284. Conversely, the yearly low was recorded on December 31, dropping to 3.5692.

This high-to-low spread represents a total annual volatility of 0.3592 RSD. From a start-to-finish perspective, comparing the January average rate of 3.7556 to the December average rate of 3.6091, the exchange rate registered a net change of -3.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 3.9284 was up 3.99% compared to the 2021 peak of 3.7776, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 19,642 RSD
2021 Average 17,816 RSD
Yearly Trough Low 17,846 RSD
Transaction Impact: A difference of 1,795.94 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

3.8801
3.5844
JanuMarcMayJulySeptNove

TWD 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 3.7499, compared to 3.7509 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 3.7499
H2 Avg (Jul–Dec) 3.7509

Volatility Range Comparison

Volatility

The most volatile month in 2022 was October, with a trading range of 0.1690 RSD (High: 3.8034 / Low: 3.6344). On the other end, February was the most stable month, with a tight range of 0.0665 RSD (High: 3.7576 / Low: 3.6911).

October Spread (Volatile) ±0.1690
February Spread (Stable) ±0.0665

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0731 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0731

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2022: 3.8555) against the same month in 2021 (average: 3.5526), the exchange rate shifted by +0.3029 (+8.53%).

2022 Avg (July) 3.8555
2021 Avg (July) 3.5526

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.7991 3.7233 3.7556
February 3.7576 3.6911 3.7198
March 3.8275 3.6959 3.7642
April 3.8023 3.7069 3.7447
May 3.7956 3.7052 3.7591
June 3.8015 3.7211 3.7559
July 3.9284 3.7768 3.8555
August 3.9169 3.7901 3.8535
September 3.8605 3.7319 3.7943
October 3.8034 3.6344 3.7332
November 3.7420 3.6206 3.6601
December 3.6565 3.5692 3.6091