2024 BHD to RSD Historical Review

YEARLY HIGH

299.8711 RSD

YEARLY LOW

277.4859 RSD

YEARLY AVERAGE

287.2088 RSD

2024 BHD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 299.8711. Conversely, the yearly low was recorded on August 23, dropping to 277.4859.

This high-to-low spread represents a total annual volatility of 22.3852 RSD. From a start-to-finish perspective, comparing the January average rate of 285.0851 to the December average rate of 296.2893, the exchange rate registered a net change of 3.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 299.8711 was up 0.91% compared to the 2023 peak of 297.1811, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,499,355 RSD

2023 Average 1,438,363 RSD

Yearly Trough Low 1,387,429 RSD

Transaction Impact: A difference of 111,925.77 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

297.9546

277.9706

JanuMarcMayJulySeptNove

BHD 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 287.5640, compared to 286.8536 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7104 points.

H1 Avg (Jan–Jun) 287.5640

H2 Avg (Jul–Dec) 286.8536

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 14.1502 RSD (High: 298.1443 / Low: 283.9942). On the other end, March was the most stable month, with a tight range of 4.1309 RSD (High: 288.0895 / Low: 283.9586).

November Spread (Volatile) ±14.1502

March Spread (Stable) ±4.1309

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 4.3688 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -4.3688

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 296.2893) against the same month in 2023 (average: 284.6651), the exchange rate shifted by +11.6242 (+4.08%).

2024 Avg (December) 296.2893

2023 Avg (December) 284.6651

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	287.7598	280.7167	285.0851
February	290.2852	285.8511	288.0707
March	288.0895	283.9586	286.1316
April	292.6424	286.0340	289.7972
May	291.0581	285.3319	287.5662
June	290.7725	284.9536	288.7331
July	289.2558	283.8408	286.2247
August	287.9020	277.4859	281.8559
September	282.0076	277.6193	279.6360
October	288.1786	280.6934	284.9562
November	298.1443	283.9942	292.1596
December	299.8711	293.0698	296.2893