2022 ZAR to RSD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 ZAR to RSD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the ZAR to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 12, valuing the pair at 7.4858. Conversely, the yearly low was recorded on December 18, dropping to 6.2618.
This high-to-low spread represents a total annual volatility of 1.2241 RSD. From a start-to-finish perspective, comparing the January average rate of 6.7010 to the December average rate of 6.4074, the exchange rate registered a net change of -4.38% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2022 high of 7.4858 was up 3.62% compared to the 2021 peak of 7.2246, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 ZAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2022.
ZAR to RSD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 6.9864, compared to 6.6813 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3051 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was April, with a trading range of 0.5154 RSD (High: 7.4858 / Low: 6.9704). On the other end, November was the most stable month, with a tight range of 0.1726 RSD (High: 6.6861 / Low: 6.5135).
Growth Streaks & Declines
TrendsBetween 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 0.2579 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2022: 7.2494) against the same month in 2021 (average: 6.8246), the exchange rate shifted by +0.4248 (+6.23%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6.8674 | 6.4757 | 6.7010 |
| February | 6.8936 | 6.6278 | 6.8051 |
| March | 7.3717 | 6.8651 | 7.1480 |
| April | 7.4858 | 6.9704 | 7.2494 |
| May | 7.1570 | 6.8503 | 6.9915 |
| June | 7.1665 | 6.8748 | 7.0233 |
| July | 6.9602 | 6.7078 | 6.8465 |
| August | 7.0751 | 6.8244 | 6.9383 |
| September | 6.8663 | 6.6171 | 6.7353 |
| October | 6.7264 | 6.4490 | 6.5826 |
| November | 6.6861 | 6.5135 | 6.5776 |
| December | 6.4978 | 6.2618 | 6.4074 |