2024 AZN to RSD Historical Review

YEARLY HIGH

66.5029 RSD

YEARLY LOW

61.4472 RSD

YEARLY AVERAGE

63.6626 RSD

2024 AZN to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AZN to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 66.5029. Conversely, the yearly low was recorded on August 25, dropping to 61.4472.

This high-to-low spread represents a total annual volatility of 5.0558 RSD. From a start-to-finish perspective, comparing the January average rate of 63.1943 to the December average rate of 65.6996, the exchange rate registered a net change of 3.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 66.5029 was up 0.91% compared to the 2023 peak of 65.9008, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 332,515 RSD

2023 Average 318,819 RSD

Yearly Trough Low 307,236 RSD

Transaction Impact: A difference of 25,278.93 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

66.0721

61.6015

JanuMarcMayJulySeptNove

AZN 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 63.7406, compared to 63.5846 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1560 points.

H1 Avg (Jan–Jun) 63.7406

H2 Avg (Jul–Dec) 63.5846

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 3.1218 RSD (High: 66.0818 / Low: 62.9600). On the other end, March was the most stable month, with a tight range of 0.8509 RSD (High: 63.8071 / Low: 62.9561).

November Spread (Volatile) ±3.1218

March Spread (Stable) ±0.8509

Growth Streaks & Declines

Trends

Between 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 1.0007 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 65.6996) against the same month in 2023 (average: 63.1388), the exchange rate shifted by +2.5608 (+4.06%).

2024 Avg (December) 65.6996

2023 Avg (December) 63.1388

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	63.8006	62.4002	63.1943
February	64.3538	63.3910	63.8671
March	63.8071	62.9561	63.3989
April	64.8718	63.4257	64.2457
May	64.5541	63.2646	63.7364
June	64.4773	63.1632	64.0014
July	64.1309	62.9280	63.4462
August	63.8318	61.4472	62.4455
September	62.5141	61.5471	61.9741
October	63.9053	62.2335	63.1752
November	66.0818	62.9600	64.7672
December	66.5029	64.9853	65.6996