YEARLY HIGH
0.1323 RSD
YEARLY LOW
0.1078 RSD
YEARLY AVERAGE
0.1188 RSD

2024 ARS to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ARS to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.1323. Conversely, the yearly low was recorded on November 5, dropping to 0.1078.

This high-to-low spread represents a total annual volatility of 0.0245 RSD. From a start-to-finish perspective, comparing the January average rate of 0.1314 to the December average rate of 0.1095, the exchange rate registered a net change of -16.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1323 was down 78.79% compared to the 2023 peak of 0.6238, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 662 RSD
2023 Average 2,072 RSD
Yearly Trough Low 539 RSD
Transaction Impact: A difference of 122.61 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1336
0.1073
JanuMarcMayJulySeptNove

ARS 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 0.1262, compared to 0.1115 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0147 points.

H1 Avg (Jan–Jun) 0.1262
H2 Avg (Jul–Dec) 0.1115

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0061 RSD (High: 0.1165 / Low: 0.1104). On the other end, January was the most stable month, with a tight range of 0.0016 RSD (High: 0.1323 / Low: 0.1307).

August Spread (Volatile) ±0.0061
January Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0041 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1314) against the same month in 2023 (average: 0.5980), the exchange rate shifted by -0.4666 (-78.02%).

2024 Avg (January) 0.1314
2023 Avg (January) 0.5980

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1323 0.1307 0.1314
February 0.1316 0.1285 0.1302
March 0.1284 0.1256 0.1268
April 0.1272 0.1247 0.1259
May 0.1257 0.1207 0.1224
June 0.1212 0.1193 0.1204
July 0.1194 0.1159 0.1170
August 0.1165 0.1104 0.1129
September 0.1111 0.1083 0.1097
October 0.1104 0.1086 0.1097
November 0.1125 0.1078 0.1102
December 0.1106 0.1089 0.1095