YEARLY HIGH
1.0053 RSD
YEARLY LOW
0.8747 RSD
YEARLY AVERAGE
0.9390 RSD

2024 BDT to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 1.0053. Conversely, the yearly low was recorded on August 23, dropping to 0.8747.

This high-to-low spread represents a total annual volatility of 0.1306 RSD. From a start-to-finish perspective, comparing the January average rate of 0.9792 to the December average rate of 0.9349, the exchange rate registered a net change of -4.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0053 was down 6.56% compared to the 2023 peak of 1.0759, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,027 RSD
2023 Average 5,019 RSD
Yearly Trough Low 4,374 RSD
Transaction Impact: A difference of 653.00 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0071
0.8701
JanuMarcMayJulySeptNove

BDT 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 0.9694, compared to 0.9087 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0607 points.

H1 Avg (Jan–Jun) 0.9694
H2 Avg (Jul–Dec) 0.9087

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0818 RSD (High: 1.0000 / Low: 0.9182). On the other end, September was the most stable month, with a tight range of 0.0143 RSD (High: 0.8895 / Low: 0.8753).

May Spread (Volatile) ±0.0818
September Spread (Stable) ±0.0143

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 April and May, when the average rate fell by 0.0524 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0524

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.9957) against the same month in 2023 (average: 1.0073), the exchange rate shifted by -0.0116 (-1.15%).

2024 Avg (April) 0.9957
2023 Avg (April) 1.0073

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9900 0.9639 0.9792
February 0.9968 0.9809 0.9891
March 0.9926 0.9752 0.9829
April 1.0053 0.9827 0.9957
May 1.0000 0.9182 0.9433
June 0.9336 0.9148 0.9261
July 0.9278 0.9108 0.9181
August 0.9243 0.8747 0.8983
September 0.8895 0.8753 0.8815
October 0.9093 0.8860 0.8981
November 0.9403 0.8954 0.9212
December 0.9460 0.9238 0.9349