2024 BOB to RSD Historical Review

YEARLY HIGH

16.3593 RSD

YEARLY LOW

15.1303 RSD

YEARLY AVERAGE

15.6580 RSD

2024 BOB to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BOB to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 16.3593. Conversely, the yearly low was recorded on August 24, dropping to 15.1303.

This high-to-low spread represents a total annual volatility of 1.2290 RSD. From a start-to-finish perspective, comparing the January average rate of 15.5528 to the December average rate of 16.1635, 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 16.3593 was up 0.94% compared to the 2023 peak of 16.2068, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 81,796 RSD

2023 Average 78,467 RSD

Yearly Trough Low 75,652 RSD

Transaction Impact: A difference of 6,144.82 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

16.2559

15.1471

JanuMarcMayJulySeptNove

BOB 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 15.6788, compared to 15.6373 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0415 points.

H1 Avg (Jan–Jun) 15.6788

H2 Avg (Jul–Dec) 15.6373

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.7767 RSD (High: 16.2617 / Low: 15.4850). On the other end, September was the most stable month, with a tight range of 0.2474 RSD (High: 15.3834 / Low: 15.1360).

November Spread (Volatile) ±0.7767

September Spread (Stable) ±0.2474

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 0.2389 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2389

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 16.1635) against the same month in 2023 (average: 15.5160), the exchange rate shifted by +0.6475 (+4.17%).

2024 Avg (December) 16.1635

2023 Avg (December) 15.5160

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	15.7240	15.3085	15.5528
February	15.8314	15.5784	15.7067
March	15.7652	15.4360	15.6036
April	15.9590	15.6099	15.7845
May	15.8834	15.5685	15.6814
June	15.8766	15.5500	15.7438
July	15.7776	15.4890	15.6125
August	15.7177	15.1303	15.3736
September	15.3834	15.1360	15.2395
October	15.7257	15.3241	15.5217
November	16.2617	15.4850	15.9128
December	16.3593	15.9763	16.1635