2024 AWG to RSD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 AWG to RSD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the AWG to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 62.8083. Conversely, the yearly low was recorded on August 25, dropping to 58.0334.
This high-to-low spread represents a total annual volatility of 4.7749 RSD. From a start-to-finish perspective, comparing the January average rate of 59.6516 to the December average rate of 62.0419, the exchange rate registered a net change of 4.01% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 62.8083 was up 1.02% compared to the 2023 peak of 62.1761, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AWG based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
AWG 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 60.1667, compared to 60.0280 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1387 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 2.6130 RSD (High: 62.3240 / Low: 59.7110). On the other end, February was the most stable month, with a tight range of 0.8250 RSD (High: 60.6943 / Low: 59.8693).
Growth Streaks & Declines
TrendsBetween September and December, 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 July and August, when the average rate fell by 0.9375 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 62.0419) against the same month in 2023 (average: 59.5938), the exchange rate shifted by +2.4481 (+4.11%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 60.2143 | 58.9335 | 59.6516 |
| February | 60.6943 | 59.8693 | 60.2843 |
| March | 60.2622 | 59.3986 | 59.8458 |
| April | 61.2678 | 59.8189 | 60.6610 |
| May | 60.8832 | 59.6670 | 60.1524 |
| June | 60.8952 | 59.5714 | 60.4052 |
| July | 60.4841 | 59.3496 | 59.8900 |
| August | 60.2437 | 58.0334 | 58.9525 |
| September | 58.9914 | 58.1171 | 58.4959 |
| October | 60.2713 | 58.7702 | 59.6393 |
| November | 62.3240 | 59.7110 | 61.1488 |
| December | 62.8083 | 61.2899 | 62.0419 |