2024 BRL to RSD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BRL to RSD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BRL to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 13, valuing the pair at 22.0857. Conversely, the yearly low was recorded on December 25, dropping to 16.7092.
This high-to-low spread represents a total annual volatility of 5.3765 RSD. From a start-to-finish perspective, comparing the January average rate of 21.8906 to the December average rate of 18.2492, the exchange rate registered a net change of -16.63% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 22.0857 was down 2.48% compared to the 2023 peak of 22.6474, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 BRL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BRL to RSD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 21.3272, compared to 18.9876 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.3396 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 1.9837 RSD (High: 18.6929 / Low: 16.7092). On the other end, March was the most stable month, with a tight range of 0.4006 RSD (High: 21.8272 / Low: 21.4266).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.9277 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2024: 21.8695) against the same month in 2023 (average: 21.1694), the exchange rate shifted by +0.7001 (+3.31%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 22.0547 | 21.5953 | 21.8906 |
| February | 22.0857 | 21.6674 | 21.8695 |
| March | 21.8272 | 21.4266 | 21.6318 |
| April | 21.5344 | 20.8591 | 21.3116 |
| May | 21.4726 | 20.6060 | 21.0936 |
| June | 20.6044 | 19.5234 | 20.1659 |
| July | 19.9735 | 19.0574 | 19.4712 |
| August | 19.5230 | 18.6770 | 19.1130 |
| September | 19.3370 | 18.7150 | 19.0193 |
| October | 19.5325 | 18.5693 | 19.1056 |
| November | 19.3655 | 18.3845 | 18.9671 |
| December | 18.6929 | 16.7092 | 18.2492 |