2024 BBD to RSD Historical Review

YEARLY HIGH

56.5275 RSD

YEARLY LOW

52.2301 RSD

YEARLY AVERAGE

54.1165 RSD

2024 BBD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BBD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 56.5275. Conversely, the yearly low was recorded on August 25, dropping to 52.2301.

This high-to-low spread represents a total annual volatility of 4.2974 RSD. From a start-to-finish perspective, comparing the January average rate of 53.7261 to the December average rate of 55.8446, the exchange rate registered a net change of 3.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 56.5275 was up 0.91% compared to the 2023 peak of 56.0157, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 282,638 RSD

2023 Average 271,011 RSD

Yearly Trough Low 261,150 RSD

Transaction Impact: A difference of 21,487.09 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

56.1613

52.3613

JanuMarcMayJulySeptNove

BBD 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 54.1862, compared to 54.0469 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1392 points.

H1 Avg (Jan–Jun) 54.1862

H2 Avg (Jul–Dec) 54.0469

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 2.6535 RSD (High: 56.1695 / Low: 53.5160). On the other end, March was the most stable month, with a tight range of 0.7233 RSD (High: 54.2360 / Low: 53.5127).

November Spread (Volatile) ±2.6535

March Spread (Stable) ±0.7233

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 0.8506 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.8506

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 55.8446) against the same month in 2023 (average: 53.6680), the exchange rate shifted by +2.1767 (+4.06%).

2024 Avg (December) 55.8446

2023 Avg (December) 53.6680

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	54.2305	53.0402	53.7261
February	54.7008	53.8824	54.2871
March	54.2360	53.5127	53.9060
April	55.1410	53.9118	54.6207
May	54.8710	53.7749	54.1759
June	54.8057	53.6887	54.4012
July	54.5113	53.4888	53.9292
August	54.2570	52.2301	53.0787
September	53.1370	52.3150	52.6779
October	54.3195	52.8985	53.6989
November	56.1695	53.5160	55.0522
December	56.5275	55.2375	55.8446