2024 BZD to RSD Historical Review

YEARLY HIGH

56.2807 RSD

YEARLY LOW

51.8627 RSD

YEARLY AVERAGE

53.7103 RSD

2024 BZD to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BZD to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 56.2807. Conversely, the yearly low was recorded on August 24, dropping to 51.8627.

This high-to-low spread represents a total annual volatility of 4.4180 RSD. From a start-to-finish perspective, comparing the January average rate of 53.3163 to the December average rate of 55.5081, the exchange rate registered a net change of 4.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 56.2807 was up 1.30% compared to the 2023 peak of 55.5602, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 281,404 RSD

2023 Average 269,044 RSD

Yearly Trough Low 259,313 RSD

Transaction Impact: A difference of 22,090.08 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

55.8330

51.9344

JanuMarcMayJulySeptNove

BZD 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 53.7764, compared to 53.6442 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1323 points.

H1 Avg (Jan–Jun) 53.7764

H2 Avg (Jul–Dec) 53.6442

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 2.6418 RSD (High: 55.7291 / Low: 53.0873). On the other end, September was the most stable month, with a tight range of 0.8468 RSD (High: 52.7374 / Low: 51.8905).

November Spread (Volatile) ±2.6418

September Spread (Stable) ±0.8468

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 0.8153 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.8153

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 55.5081) against the same month in 2023 (average: 53.1949), the exchange rate shifted by +2.3131 (+4.35%).

2024 Avg (December) 55.5081

2023 Avg (December) 53.1949

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	53.9058	52.4795	53.3163
February	54.2735	53.4073	53.8553
March	54.0449	53.0987	53.5181
April	54.7376	53.5150	54.2172
May	54.4487	53.3718	53.7760
June	54.4239	53.3048	53.9757
July	54.0848	53.0970	53.5273
August	53.8824	51.8627	52.7119
September	52.7374	51.8905	52.2593
October	53.9077	52.5316	53.2463
November	55.7291	53.0873	54.6122
December	56.2807	54.7709	55.5081