2024 BIF to RSD Historical Review

YEARLY HIGH

0.0388 RSD

YEARLY LOW

0.0361 RSD

YEARLY AVERAGE

0.0375 RSD

2024 BIF to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BIF to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 22, valuing the pair at 0.0388. Conversely, the yearly low was recorded on September 24, dropping to 0.0361.

This high-to-low spread represents a total annual volatility of 0.0027 RSD. From a start-to-finish perspective, comparing the January average rate of 0.0377 to the December average rate of 0.0379, the exchange rate registered a net change of 0.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0388 was down 28.01% compared to the 2023 peak of 0.0539, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 194 RSD

2023 Average 218 RSD

Yearly Trough Low 180 RSD

Transaction Impact: A difference of 13.54 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0383

0.0362

JanuMarcMayJulySeptNove

BIF 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 0.0378, compared to 0.0372 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0378

H2 Avg (Jul–Dec) 0.0372

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0019 RSD (High: 0.0388 / Low: 0.0369). On the other end, February was the most stable month, with a tight range of 0.0006 RSD (High: 0.0383 / Low: 0.0377).

November Spread (Volatile) ±0.0019

February Spread (Stable) ±0.0006

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 0.0006 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 0.0377) against the same month in 2023 (average: 0.0382), the exchange rate shifted by -0.0005 (-1.23%).

2024 Avg (November) 0.0377

2023 Avg (November) 0.0382

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0380	0.0371	0.0377
February	0.0383	0.0377	0.0380
March	0.0381	0.0373	0.0377
April	0.0385	0.0376	0.0381
May	0.0383	0.0375	0.0378
June	0.0381	0.0374	0.0378
July	0.0379	0.0372	0.0375
August	0.0377	0.0363	0.0369
September	0.0367	0.0361	0.0364
October	0.0375	0.0364	0.0370
November	0.0388	0.0369	0.0377
December	0.0382	0.0374	0.0379